Latest News & Developments
Provincial governments are failing to pay R12. 46 billion in supplier invoices, with Eastern Cape responsible for nearly a third of this debt, according to National Treasury. This payment crisis is forcing small businesses to take out loans to survive, with many SMEs eventually shutting down due to cash flow problems caused by government non-payment.
Provincial governments are failing to pay R12. 46 billion in supplier invoices, with Eastern Cape responsible for nearly a third of this debt, according to National Treasury. This payment crisis is forcing small businesses to take out loans to survive, with many SMEs eventually shutting down due to cash flow problems caused by government non-payment.
The Sol Plaatje Municipality faces a crisis as the High Court orders the seizure of mayoral and speaker's vehicles to recover an R806 500 debt owed to an engineering firm, highlighting deeper financial management issues in the Category 4 municipality.