1887

n Local Government Bulletin - Municipal debts are rising

USD

 

Abstract

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.

Loading

Article metrics loading...

/content/lgbul/6/5/EJC60986
2004-11-01
2016-12-05
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error