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DUMISANI JANTJIES | The municipal insolvency elephant
While poor local governance contributes to dysfunction, the outdated funding model, underfunding, and the state’s unpaid debts create insolvency and service delivery crises
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Timeline cronologica
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DUNCAN PIETERSE | The Treasury’s withholding of equitable share was successful
Treasury’s withholding of the equitable share was successful, with many affected municipalities entering into signed agreements with creditors
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DUMISANI JANTJIES | The municipal insolvency elephant
While poor local governance contributes to dysfunction, the outdated funding model, underfunding, and the state’s unpaid debts create insolvency and service delivery crises