Nelson Mandela Bay on the brink of collapse
Electricity, water payment defaults by ratepayers the biggest factor in financial crisis, says report to council
The Nelson Mandela Bay municipality is in dire financial straits and could struggle to pay staff salaries in a few months’ time.
This is due to the collection rate dropping to a shockingly low 69%, and millions of rand in lost revenue due to sky-high water and electricity losses...
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