RUNNING ON EMPTY : Just 49 days of cash left — austerity measures introduced in the Bay

Andisa Bonani and Estelle Ellis· Jul 23, 2026 · 10:02 PM UTC ·5 min read · 0 reactions · 0 comments · 18 views

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RUNNING ON EMPTY Just 49 days of cash left — austerity measures introduced in the Bay As cash reserves dwindle to less than 49 days, Nelson Mandela Bay introduced strict financial measures while grappling with the impact of withheld equitable share payments from the National Treasury and other serious financial issues. At around R28-billion, Nelson Mandela Bay has the highest UIFWE figure of any municipality in the country.The decision to withhold the equitable share from the metro comes as the municipality is already dealing with serious financial issues. It is collecting only about 70% of its rates, and operational issues in the electricity and water departments have caused both these trading services to run at a deficit.

Key facts

▪RUNNING ON EMPTY Just 49 days of cash left — austerity measures introduced in the Bay As cash reserves dwindle to less than 49 days, Nelson Mandela Bay introduced strict financial measures while grappling with the impact of withheld equitab
▪At around R28-billion, Nelson Mandela Bay has the highest UIFWE figure of any municipality in the country.The decision to withhold the equitable share from the metro comes as the municipality is already dealing with serious financial issues
▪It is collecting only about 70% of its rates, and operational issues in the electricity and water departments have caused both these trading services to run at a deficit.

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Daily Maverick · Andisa Bonani and Estelle Ellis

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Original publisher	Daily Maverick
Canonical URL	https://www.dailymaverick.co.za/article/2026-07-23-just-49-days-of-cash-left-austerity-measures-introduced-in-the-bay/
Publication time	Thu, 23 Jul 2026 22:02:50 GMT
Retrieval time	2026-07-23T20:11:52.789Z
Last seen	2026-07-23T20:11:52.789Z
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Opening excerpt (first ~120 words) tap to expand

RUNNING ON EMPTY Just 49 days of cash left — austerity measures introduced in the Bay As cash reserves dwindle to less than 49 days, Nelson Mandela Bay introduced strict financial measures while grappling with the impact of withheld equitable share payments from the National Treasury and other serious financial issues. By Andisa Bonani and Estelle Ellis 23 Jul 2026 The state of Military Road in Nelson Mandela Bay — a stone’s throw away from the seat of the local government — is a reflection of municipal dysfunction in the metro.

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Excerpt limited to ~120 words for fair-use compliance. The full article is at Daily Maverick.

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