SARS 2026/2027LIVERepo Rate7.50%Prime Rate11.50%USD/ZAR~18.40VAT Rate15%UIF CeilingR17,712Tax ThresholdR99,000SARS 2026/2027LIVERepo Rate7.50%Prime Rate11.50%USD/ZAR~18.40VAT Rate15%UIF CeilingR17,712Tax ThresholdR99,000
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Limpopo · local municipality · AGSA 2022/23

Thulamela

Qualified with FindingsFinancially Distressed

Thulamela in Limpopo received a Qualified audit opinion from the Auditor-General for 2022/23, meaning the AGSA found material misstatements in specific areas of its financial statements. Its finances are classed as distressed (Financially Distressed).

AGSA 2022/23 record

Audit outcomeQualified with Findings
Financial statusFinancially Distressed
CategoryLocal municipality
ProvinceLimpopo
Population servedNot available
Debt-to-revenue ratioNot available
Eskom arrearsNot available
Water board arrearsNot available

AGSA notes

Officials charged with VBS corruption. Municipal manager invested R30M of public funds in VBS.

Source — AGSA MFMA 2022/23 + NPA

View AGSA MFMA report →
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Other municipalities in Limpopo

LephalaleQualified with FindingsFetakgomo TubatseDisclaimer of OpinionPolokwaneQualified with Findings
View the full Municipal Health Map →

Coverage: This tracker currently covers 26 of South Africa's 257 municipalities, based on verified AGSA and Treasury records. We do not publish estimated or unverified data for municipalities outside this set. Full national data is at mfma-2024.agsareports.co.za.