S.A’s GOOD Party Criticizes City of Johannesburg’s 2.5-Billion-Rand Loan from French Development Bank

In South Africa, the GOOD Party says the City of Johannesburg’s approval of a 2.5-billion-rand loan from the French Development Bank places an unnecessary financial burden on residents. The loan, supported by ActionSA, the DA, and the ANC, was opposed by GOOD due to a lack of transparency and project plans. The party’s Matthew Cook argues the loan violates the Municipal Finance Management Act and is a result of transactional politics: