HOT TOPICS
ARTICLES RELATING TO MUNICIPALITIES

Municipalities drown in debt of R43bn - Parliament hears

2017-11-09 19:23

South Africa’s municipalities are drowning in debt, owing their creditors a total of R43bn, National Treasury has told Parliament.

As it happened: 10 municipalities owe Eskom R7.5bn in overdue debt

2017-10-10 09:38

Ten municipalities owe Eskom R7.5bn in overdue debt, Eskom’s distribution executive Ayanda Noah has explained.

Eskom gives EC municipalities 48hrs to pay up or face power cuts

2017-09-13 07:28

Eskom has delayed planned interruptions of bulk electricity supply to three Eastern Cape municipalities, but says plans must be made before Friday for outstanding payments.

Property debt judgment ends era of confusion and controversy

2017-08-29 22:00

The Constitutional Court judgment that new home owners are not liable for the historical debt of previous owners brings to an end a long period of confusion.

Call for corruption probe 23 years after 280 Midrand workers axed

2017-08-07 10:59

A "scathing" memorandum recommends an investigation into “the probable misappropriation” of pension fund money owing to 280 Midrand municipality workers who were fired 23 years ago.

Irregular expenditure in municipalities balloons to over R16bn - AG

2017-06-22 11:38

Deviation from supply chain management regulations has resulted in irregular expenditure rising over 59% to R16.81bn, according to the local government audit outcomes report.

Lack of compliance by worst performing municipalities

2017-06-21 19:45

Municipalities in the North West, Northern Cape and Free State remain the poorest performing in terms of audit outcomes, the auditor general report has revealed.

Municipal debt could escalate beyond R9bn – Singh

2017-06-14 13:28

Eskom CFO Anoj Singh believes the current municipal debt will in all likelihood escalate, which could result in another tariff cycle to try and mitigate the debt situation.

Vodacom launches municipal service delivery apps

2017-05-11 16:08

A municipality in Umtata has become the first in the country to implement a new system by Vodacom to improve the reporting of service delivery issues.

eMalahleni faces Eskom blackout

2017-03-13 06:13

Mpumalanga’s once-thriving town is swimming in debt as well as indebtedness, which it blames on maladministration and collusion

 

Recovery plan for distressed municipalities

2017-10-25 14:59

National Treasury is currently working with other state departments to develop a funding mechanism and recovery plans for municipalities that are in financial distress.

CoGTA fails to spend R3bn of its budget - report

2017-10-08 16:30

The Department of Cooperative Governance and Traditional Affairs has been fingered in a parliamentary report for not spending R3.2bn of its budget, which has a negative effect on municipal service delivery.

Cas Coovadia: ConCourt property ruling a boost for investor confidence

2017-08-30 17:17

The Constitutional Court ruling that new home owners are not liable for historical debt will bring confidence to the property sector, says Banking Association SA MD Cas Coovadia.

Gauteng residents owe municipalities R31bn

2017-08-27 15:53

Households in Gauteng owe municipalities R31.8bn, making up the lion's share of debt due to municipalities for services and taxes.

Infographic: Best and worst performing municipalities

2017-06-25 10:20

The Auditor General's latest local government report showed that 49 municipalities received clean audits, however 25 received disclaimed opinions.

Municipalities lack accountability for finances - AG

2017-06-22 05:00

Municipalities have consistently displayed a lack of accountability in managing their finances, warns the auditor general.

Only nine new municipalities out of 263 achieved clean audits - AG report

2017-06-21 11:12

The latest auditor general report shows little improvement in municipalities' audit outcomes, with 14 municipalities losing their clean audit opinions.

As electricity prices soar, consumers abandon Eskom

2017-06-07 21:00

Eskom may be cutting off its own throat with its latest tariff rate application, as the rich opt to generate their own power and the poor find ways to circumvent payment.

Astral reprieve doesn't absolve municipality from debt - Eskom

2017-05-04 13:28

Eskom says its settlement guaranteeing uninterrupted power supply to poultry producer Astral Foods doesn’t usurp its constitutional right to recover debt from owing municipalities.

Eskom suspends bulk power cut to 2 municipalities

2017-03-02 18:20

Eskom has suspended the planned interruption of bulk power supply to two municipalities after reaching agreements for the settlements of their arrears.

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