One town scored a dismal 2 out of 100, which makes one wonder why anyone in Modimolle was even bothering at all.
SA’s municipal sector faces collapse as financial governance continues to deteriorate, says Ratings Afrika’s latest Municipal Financial Sustainability Index for 2018.
Joburg reported a deficit of R250 million in 2018 and has suffered a deterioration in its MFSI score from 43 to 29 over the past five years. Ratings Afrika’s MFSI uses a model that scores municipalities out of 100 based on operating performance, liabilities management, budget practices and liquidity. Another municipality on the mend is Midvaal in Gauteng, whose score has improved from 53 to 72 over the last five years. It has consistently won clean audits from the Auditor-General. In 2013 the ANC attempted to merge the DA-run Midvaal with the disastrous ANC-run Emfuleni in what was seen as a cynical attempt to capture the province’s best-run municipality. The attempted merger was defeated in the High Court in Johannesburg in 2015.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BUSINESS MAVERICK: One month before 2019 election, SA economy takes three hits in quick successionThey say that the hits that don’t break your back make you stronger. In fact, it’s more likely that the hits that don’t break your back will, in fact, make you weaker. The news is not entirely as gloomy as it seems, but coming just before the election, one thing is for sure: the incumbent government will not be propelled into the election on a wave of a strong economy.
Read more »
Uncle Hugh, 'the people’s physio,' on his 100 HSBC Sevens tournamentsWe sat down with Hugh Everson, the physiotherapist of the SA Sevens team after he reached the milestone of being at 100 HSBC World Series tournaments last December.
Read more »
H&M teams up with SA designer Palesa Mokubung for new collectionSpring is set to bring a contemporary and audacious flavour to H&M, which has joined forces with South African designer, Palesa Mokubung on a ready-to-wear clothing and accessories collection. The creations are due out globally from August 15.
Read more »
Legal Aid SA widens its scope - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.%More South Africans will now be able to access legal assistance. Legal Aid South Africa has amended its means test which assesses whether one can qualify for legal help.%
Read more »
SA rowers shine in ItalyCoach Roger Barrow says he will keep the squad on their toes for the SA championships next weekend
Read more »
New Cape Town/New York flight could boost business in SAThe mooted United Airlines flight from New York’s Newark airport would increase tourism as well as foreign direct investment
Read more »
Arts Minister Nathi Mthethwa rallies SA artists to support Cyclone Idai victimsA benefit concert is being arranged for next month and the proceeds will be channelled to the victims of Cyclone Idai in the three countries.
Read more »
Days of Zondo: Robert McBride: The biggest threat to SA national security comes from withinThe only other time I have lived like that was as an activist during the apartheid years, said McBride... The minds of those involved in corruption are not anywhere near the issue of constitutionality and respect for the law. They are in it for greed and survival.
Read more »
WATCH: SA artist Moonchild's incredible performance at Coachella 2019WATCH: SA artist Moonchild's incredible performance at Coachella 2019 | Channel24
Read more »
SA retailers brace themselves for Easter weekend crime spreeThe upcoming Easter weekend has the country's retailers on high alert amid fears of a wave of attacks by gangs of armed robbers.
Read more »