n Local Government Bulletin - Municipal debts are rising
|Article Title||Municipal debts are rising|
|© Publisher:||Dullah Omar Institute|
|Journal||Local Government Bulletin|
|Author||Cristin Peel and Abdul-hakim Issa|
|Publication Date||Nov 2004|
|Pages||4 - 6|
In a recent report to Parliament, the Auditor-General, Shauket Fakie, questioned the ability of South African municipalities to continue operating as going concerns. He commented that municipalities' mounting level of uncollected debt relative to their income was a cause for concern. The total municipal debt countrywide is more than R32bn and it is getting worse each year because of non-payment.
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