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municipal finance management act mfmalatest news & developments
Falling apart: The AG report has raised concerns about the municipality’s ability to continue operating as its debt spiral deepens and service delivery stalls. Photo: Lunga Mzangwe
AUDITOR GENERAL SOUTH AFRICA

Mathjabeng in financial freefall

The Free State municipality is facing severe fiscal distress, with liabilities exceeding R5.8bn and a R871.6 million deficit, says Auditor General Tsakani Maluleke

  • Lunga Mzangwe
8 min read