CLAIRE BISSEKER: Battling impunity and the cadres over municipal debt
For years local governance experts and ratings agencies have been warning of the pending financial collapse of SA’s municipal sector, but the situation has been allowed to fester to the point at which two thirds of SA’s 257 municipalities are now in serious financial trouble.
This poses a huge threat to the country’s economic growth prospects. So, the news that the Treasury has finally taken the gloves off — after years of ineffectual intervention in this sector — should be welcomed...
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