The debt owed to municipalities by ratepayers soared to R191bn at the end of the past financial year, with collection of the bulk seen as unrealistic, says a Treasury report on local government finances.

SA’s already ailing municipalities have been hit hard by a national lockdown imposed to combat the spread of the Covid-19 pandemic. The lockdown resulted in many municipalities suspending credit-control measures to cushion businesses and residents against the economic devastation caused by the lockdown. Johannesburg metro alone is said to have lost more than R1bn in uncollected revenue during the lockdown...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now