Another major municipality in Gauteng collapsing, owing R10.8 billion that it can’t pay
- The Emfuleni Local Municipality owes its creditors R10.828 billion, making it unable to pay its debts within the required 30 days.
- The municipality's financial struggles are attributed to significant service delivery failures, including frequent water and electricity outages, as well as interruptions to refuse removal due to late or non-payment to suppliers.
- The municipality has announced plans to prioritize a payment of R407 million to Rand Water, followed by a phased settlement of other outstanding creditors, in an effort to reduce the overall debt burden and restore supplier confidence.
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