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I once asked Trevor Manuel in an interview whether he had any regrets about his time as SA’s finance minister (1996-2009). I only remember one of them — that he hadn’t managed to do more to fix the problems in local government.

Last month, outgoing National Treasury director-general Dondo Mogajane threw up his hands and admitted that with about 170 of the country’s 257 municipalities (66%) now in financial distress, the Treasury could no longer cope with the extent of the crisis.  ..

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