Road to recovery a long one for NW municipalities linked to VBS

253 views · Published 30 October 2018 · 2:00 · Indexed 2 October 2026

Channel: SABC News · 2018 · News & Politics

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It seems the road to recovery is going to be a long one for the North West municipalities which invested in VBS Mutual Bank. 
With increasing service delivery challenges and piling debt, the Mahikeng Local Municipality has approached the Limpopo High Court for an order to recoup its funds from the ailing bank. 

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