National political unrest is beginning to be felt at a local level, Midvaal mayor Bongani Baloyi said on Wednesday. Baloyi delivered his state of the municipality address on Wednesday in Henley on Klip. The DA won Midvaal during the municipal elections in 2016, securing almost 60% of the vote. The DA mayors of Tshwane, Solly Msimanga, and Mogale City, Michael Holenstein, attended the address as well as DA Gauteng leader John Moodey. "The national mood in our country today is characterised by restlessness, anxiety and hopelessness. There is a sense of siege. Some citizens are protesting loudly, the silent majority wonder what the future holds for their children," Baloyi said. He said the recent downgrade of SA’s sovereign credit rating by two of the major ratings agencies, would have a direct effect on the lives of ordinary people. Baloyi explained the effects of the downgrade, saying it would make it more difficult for entrepreneurs to raise debt to establish new businesses or expan...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.