Western Cape municipalities are pulling away from the rest of the country – Ratings Afrika
Elsewhere the deterioration continues, with some near total collapse.
Cape Town is the only metro in SA considered highly financially sustainable, with Nelson Mandela Bay in a “fair” but deteriorating condition, according to the latest Ratings Afrika Municipal Financial Sustainability Index (MFSI).
Other than Western Cape municipalities and Midvaal in Gauteng, most municipalities in the country are in severe financial distress.
