Municipalities are finding themselves between a rock and a dark place as they struggle to keep the lights on in the face of escalating debt.
According to the Local Government revenue and expenditure report for July - December 2022, which was released by National Treasury this week, Metropolitan municipalities are owed R154 billion, compared to R128.4 billion reported in the same quarter of last year. The largest debtor books belong to the City of Johannesburg at 28.8%, which roughly translates into
