Municipal Debts Are Rising.

In a recent report to Parliament, the Auditor-General, Shauket Fakie questioned the ability of South African municipalities to continue operating as a going concern. He commented that municipalities mounting levels of uncollected debt relative to their income was a cause for concern. The total municipal debt countrywide is more than R32 Billion and it is getting worse each year because of non-payment.

application/pdf Vol 6 no.5 Municipal Debts Are Rising.pdf — 55 KB