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07 February 2026 Financial Service Intelligence Watch

Coal decline exposes municipal transition risk in Mpumalanga

A sharp deterioration in the financial position of Steve Tshwete Local Municipality offers a practical warning of how South Africa’s energy transition may play out at local-government level.

Once regarded as one of the country’s top-performing municipalities, with rates collection averaging around 95%, the Middelburg-based authority is now struggling to ...

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Working Smart

By Lee Rossini

Although winning new clients is important to grow a financial services business, retaining and growing existing relationships can be more profitable. Marketing to current clients is not about aggressive selling; it is about strengthening trust, reinforcing value, and positioning your business as an indispensable long-term partner. In an industry built on confidence and credibility, loyal clients are the foundation of sustainable growth.

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