Rescuing the unrescuable — Why SA’s municipal insolvency regime needs surgery

Rescuing the unrescuable — Why SA’s municipal insolvency regime needs surgery

South Africa’s local government landscape is littered with the walking dead. Municipalities that cannot pay creditors, cannot deliver water, and cannot keep the lights on – yet cannot be liquidated. This is the third in a series of four articles on the state of SA’s municipalities and just how they can be fixed. You can read part one here, and part two here.

This summary is based on reporting by Daily Maverick.

Read the full article at Daily Maverick

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