S. Africa Capital Mayor May Probe $716 Million in Contracts

Updated on
  • ‘Things coming out of the woodwork,’ Tshwane mayor says
  • City would like to tap debt markets after fixing finances

The mayor of a municipal area that includes South Africa’s capital, Pretoria, said he may have to investigate more than 10 billion rand ($716 million) of contracts as the opposition Democratic Alliance leads an administration that took over the city following the ruling African National Congress’s loss of control in Aug. 3 local elections.

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