DA municipalities best in SA for financial management
DA-run municipalities have scored the highest in the latest Ratings Afrika Municipal Financial Sustainability Index (MFSI).
Ratings Afrika defines financial sustainability as:
"The financial ability to deliver services, develop and maintain the infrastructure required by its residents without unplanned increases in rates and taxes or a reduction in the level of services and the capacity to absorb financial shocks caused by natural, economic and other adversities without external financial assistance."
Midvaal, the only DA-governed municipality in Gauteng, was ranked the best municipality in the province by Ratings Afrika. This is the latest in a string of accolades for Midvaal that includes awards for job creation, service delivery and quality of life.
Johannesburg was rated the worst-performing metro in the country with a ranking of 26 index points. DA-governed Cape Town, by contrast, was rated the top performing metro with a ranking of 63 index points.