South African Municipality Mathjabeng Faces Severe Financial Crisis

The Mathjabeng municipality in South Africa's Free State province is experiencing severe financial distress, reporting liabilities over R5.8 billion and a deficit of R871.6 million.

17 May, 07:30 — 17 May, 07:30

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mail-guardianMostly Factual112d ago

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

By Lunga Mzangwe

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South African Municipality Mathjabeng Faces Severe Financial Crisis

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Mathjabeng in financial freefall

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