Financial alarm bells ring across seven of SA’s eight metros

September 22, 2026 Ciaran Ryan Uncategorized 0

Financial alarm bells ring across seven of SA’s eight metros

Financial alarm bells ring across seven of SA’s eight metros

Only Cape Town shows any spending restraint, says Ratings Afrika.

South Africa’s metropolitan municipalities are sinking deeper into financial trouble, with the lone exception of Cape Town, according to an analysis by Ratings Afrika.

All but Cape Town spent more than they earned in 2025, with the remaining seven racking up combined liquidity shortfalls of nearly R12.6 billion.

Read the full article on Moneyweb

About Ciaran Ryan 1563 Articles
The Writer's Room is a curated by Ciaran Ryan, who has written on South African affairs for Sunday Times, Mail & Guardian, Financial Mail, Finweek, Noseweek, The Daily Telegraph, Forbes, USA Today, Acts Online and Lewrockwell.com, among others. In between he manages a gold mining operation in Ghana, and previously worked in Congo. Most of his time is spent in the lovely city of Joburg.