The South African Local Government Association reported that the rolling debt, since pre-1994, sits at R165.5 billion as at June 30, up from R143.2 last year.
This crippling debt has been described by Salga president, Thembi Nkadimeng, as part of the reason why municipalities are failing to make payments to Eskom and water providers. Nkadimeng added that “municipal debt to Eskom and water boards sits at R25 billion and R14.9 billion respectively.”
With high unemployment rate . Write off the debt and try bailout. Some got triple bailout why not to households.
And if officials stopped looting
Municipalities can pay their debts if households, governments and businesses pay their bills — Salga
Then let the people Pay DIRECT to the suppliers? But no then the funds can't be used for own spending at Munisipal levels.
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