Sign In
government borrowinglatest news & developments
The R28.1 million was for the city to service the stands, whereafter eThekwini would sell the land to private companies that would build houses. (File photo)
AUDITOR GENERAL

‘Terribly scary’: Dysfunctional municipalities are a threat to South Africa’s economy

The country’s local governments are a drag on investment, a strain on the fiscus and pose a critical sovereign risk

  • Sarah Smit
  • Anathi Madubela
7 min read