The South African Cities Network CEO, Sithole Mbanga, says cities are cautiously doing well but they are still under pressure.

Urbanisation trends suggest that by 2050 around 80% of the population will live in cities.

Cities are the largest contributor to the national economy and their role is becoming increasingly important.

The recently-released State of the City Finance report indicates that in the past five years, cities spent a combined R117-billion on capital-related projects.

Speaking on AM Live, Mbanga says the cities economies have not grown and they are not finding easy ways of furthering their bases of revenue.

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