The City of Johannesburg is stuck in a “debt doom loop,” because its failure to collect outstanding obligations has forced it to raise tariffs to the point where fewer and fewer customers are willing or able to pay for services, a new study has found.
The City of Johannesburg is stuck in a “debt doom loop,” because its failure to collect outstanding obligations has forced it to raise tariffs to the point where fewer and fewer customers are willing or able to pay for services, a new study has found.
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