The eThekwini Municipality is poised to borrow R500 million in long-term debt finance, and at the same time is contemplating issuing a bond of R1 billion to finance capital expenditure for the 2018/19 and 2019/20 financial years.

The eThekwini Municipality is poised to borrow R500 million in long-term debt finance, and at the same time is contemplating issuing a bond of R1 billion to finance capital expenditure for the 2018/19 and 2019/20 financial years.