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Overstrand Municipality Ranks Among Sas Top Performers

Overstrand Local MunicipalityRef: https://www.overstrand.gov.za/overstrand-municipality-ranks-among-sas-top-performers/

Official source

Source domain: overstrand.gov.za

Collected on 28 July 2026

Always confirm details on the official source before acting.

What this means

This document is a news article published on the Overstrand Municipality website. It states that Overstrand Municipality was recognised as one of the top five most financially sustainable local municipalities in South Africa in the Municipal Financial Sustainability Index (MFSI) released by Ratings Afrika. The article explains the MFSI methodology (audited results for the year ended June 2025 across 120 local and eight metropolitan municipalities) and notes national financial sustainability declines, including a reported R39 billion operating deficit and R128.7 billion liquidity shortfall. It includes a quote from the Municipal Manager, Dr Dean O’Neill, about sound financial management and continued focus on reliable services and infrastructure investment.

Facts

Places

Western Cape

Reference

https://www.overstrand.gov.za/overstrand-municipality-ranks-among-sas-top-performers/

Amounts

R 39 000 000 000, R 128 700 000 000

Key Takeaways

  • Overstrand Municipality ranked among top five most financially sustainable local municipalities (MFSI)
  • Source: Municipal Financial Sustainability Index (MFSI) by Ratings Afrika
  • MFSI based on audited financial results for year ended June 2025
  • 120 local and 8 metropolitan municipalities assessed
  • Six financial criteria: operating performance, liquidity management, debt governance, budget practices, affordability, infrastructure development
  • Western Cape municipalities recognised alongside Overstrand: Drakenstein, Hessequa, Saldanha Bay, Swartland
  • National average financial sustainability score: 36/100 in 2021 to 33/100 in 2025 (27 excluding Western Cape)
  • Reported national operating deficit: R39 billion; liquidity shortfall: R128.7 billion
  • Municipal Manager quote: Dr Dean O’Neill
  • Publication date shown: July 27, 2026
  • Overstrand Municipality
  • Ratings Afrika
  • Drakenstein Municipality
  • Hessequa Municipality
  • Saldanha Bay Municipality
  • Swartland Municipality
  • Dr Dean O’Neill