SEDIBENG - Two major South African water boards, Vaal Central and Magalies Water, are facing bankruptcy amid failure to pay municipal bills. The boards owe R22.4-billion in combined debt, burdened with non-payment exceeding 60 days, The boards have also inherited liabilities from the now-bankrupt Sedibeng Water. The Department of Water and Sanitation is negotiating payment plans with at-risk municipalities to address the growing crisis.
top of page
bottom of page
Comments