Municipal Debt | Water boards in dire straits: David Mahlobo weighs in

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The crisis of municipal debt to water boards may lead to some of the entities being bankrupt. As of June this year the municipal debt to water boards is at over R22 billion with an average increase of 151% between 2019 to 2024. Some of the boards for example the Vaal Central Water and Magalies Water, face bankruptcy in the next six to 12 months.

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Comments

@Kwazulujabul says:

You will have install communal taps in all neighbourhoods for free water to people who cannot afford to pay for water to their house.

@daledevernon56 says:

How much of that is corruption?

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