COGHSTA must fix itself before it can help NC municipalities
The shocking results of the 2022 Municipal Financial Sustainability Index (MFSI) by Ratings Afrika show that steps taken by COGHSTA to save Northern Cape municipalities from disaster are failing. According to the report, Northern Cape municipalities performed badly. Operating deficits totaled R383, 892 million, culminating in a huge liquidity shortfall of R1,245 billion for Northern…...