How leaks, billing write‑offs and Excel accounting pushed Nelson Mandela Bay to insolvency risk
One daysingle sourceOne outlet reported this, once - no second voice in this corpus.
All 1 reports on Tue, 11 August 2026
What it is about
National TreasuryDevelopment Financing GrantWater ServicesEskomFree Basic ServicesMandela Bay Development AgencyCape Town, Western Cape, South Africa
Who published it, and when
How it spread - 1 original report
Tue, 11 August 2026
1 report- dailymaverick.co.za20:59first to report
Based purely on cash flow, the Nelson Mandela Bay Municipality is on the brink of structural insolvency, but it is not yet legally defunct because it is currently being kept operational by national gr…