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South Africa secures R16.3bn loan to fix failing municipal services in eight major metros

IOL · 15 September 2026 at 14:53

South Africa secures R16.3bn loan to fix failing municipal services in eight major metros

South Africa will use a $1 billion New Development Bank loan to improve the financial and operational performance of water, electricity and waste services in the country’s eight metropolitan municipalities.

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South Africa secures R16.3bn loan to fix failing municipal services in eight major metros

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