Municipal debt
The Gauteng Department of Education will review its decentralised funding model for schools after municipal debts reached R583.9 million by the end of March. Education MEC Lebogang Maile announced the review on 17 May 2026 following court orders to restore electricity to affected schools. The changes aim to prevent further disruptions to learning caused by unpaid bills.
Ti AI ṣe iroyin
South Africa's 2025 Medium-Term Budget Policy Statement avoided new bailouts for struggling state-owned enterprises like Eskom and Transnet, emphasizing reforms instead. Economists highlight the urgent need for restructuring to achieve efficiency gains and address mounting municipal debts. While Eskom reports its first profit in eight years, persistent challenges in local government finances threaten fiscal stability.