Mail & Guardian
Mail & Guardian
municipal debt crisislatest 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
Eskom acting chief executive, Calib Cassim said Eskom’s request amounts to R445 billion for 2025-26, R495 billion for 2026-27 and R537 billion for 2027-28, translated to electricity price hikes of 36.1% in 2025, 11.8% in 2026 and 9.1% in 2027. File photo by Freddy Mavunda/Gallo Images
ABAHLALI BASEMJONDOLO

Durban shack and hostel dwellers disrupt Nersa electricity tariff hearings

Ratepayers and activists sided with the protesters who were excluded from the meeting because of a last-minute switch to a much smaller venue

  • Lyse Comins
5 min read