Business leaders warn of threat to the national economy in South Africa

• Business leaders warn that the current collapse of local governance poses a serious threat to the national economy in South Africa, ahead of the 2026 elections.
• The collapse of local governance is attributed to municipalities struggling with financial mismanagement, a lack of professional competence, and declining service delivery, which undermines investor confidence and drives capital flight.
• Business leaders are calling for urgent political will, strategic partnerships with the private sector, and voter awareness to address the issue, emphasizing that successful reform requires ongoing accountability for South Africa's growth.