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Nelson Mandela Bay and Buffalo City had the worst spending records at the end of the third quarter of the current financial year.
That's according to a report released by the National Treasury.
The report shows that at the end of the third quarter, Nelson Mandela Bay had spent 59.8% of its total capital and operating budget of just over R9 billion.
This is the second lowest spending rate of the eight metros after Buffalo City that had spent 52.3% of its capital and operating budget by the end of the third quarter.
The highest spend rate was recorded by the City of Johannesburg at 64.6% while the average for the eight metros was 62.7 percent.
(Source: Metro Minute to subscribe mail metminutes@iafrica.com)
