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SA's municipalities are in dire financial straits

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While the financial sustainability of South Africa’s eight metropolitan councils has improved slightly, their average score from Ratings Afrika is a mere 43 out of 100, which the agency says is concerning. The Midvaal Municipality in Gauteng and Mossel Bay Municipality in the Western Cape have been identified as the most financially sustainable municipalities in South Africa by governance rating agency, Ratings Afrika. This was revealed in its recently published Municipal Financial Sustainability Index (MFSI), which gauges the financial sustainability of the 104 largest local municipalities plus 8 metros in South Africa, Lerato Mbele is in conversation with Principal at Ratings Afrika, Charl Kocks.

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