CLAIRE BISSEKER: SA’s municipal crisis risks undoing all other economic gains
Most municipalities are financially unsustainable and their service delivery dysfunctional, threatening the entire country’s economic growth prospects
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. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.