Knysna Council approves cost-cutting measures to alleviate cash flow crisis
At a Special Council meeting held on 26 February, Council approved cost-cutting measures presented by Acting Municipal Manager, Dr Michele Gratz. She said various factors led to the current cash-flow crisis faced by the Municipality, including unrealistic budgeting, poor financial controls, a high percentage of outstanding debtors and an increased capital budget. Dr Gratz presented […]
