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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KwaZulu-Natal · district municipality · AGSA 2022/23

uMkhanyakude District

Qualified with FindingsFinancially Distressed

uMkhanyakude District in KwaZulu-Natal 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). The AGSA recognised an improvement on the municipality's previous audit outcome.

AGSA 2022/23 record

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

AGSA notes

Improved from disclaimer — notable improvement recognised by AGSA.

Source — AGSA MFMA 2022/23

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Other municipalities in KwaZulu-Natal

eThekwini (Durban)Qualified with FindingsMsunduzi (Pietermaritzburg)Qualified with FindingsRay Nkonyeni (Margate)Unqualified with Findings
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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 We do not publish estimated or unverified data for municipalities outside this set.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.