Our Services
Independent Governance Opinions, Scoring & Assessments
Evidence-led municipal financial sustainability consulting and governance assessments that identify risks, prioritise actions, and support reliable service delivery.
Municipalities Analysed Annually
Years Experience
Successful Projects
%
Client Satisfaction

Ratings Afrika’s Services
Ratings Afrika provides independent, evidence-led governance opinions, comparative scoring, and practical assessments, supported by consulting, to stabilise finances, protect service delivery, and enable sustainable local growth.
We specialise in three key areas that work together to diagnose issues, prioritise actions, and track improvement over time.
Municipal Financial Sustainability Index (MFSI®)
Governance Scoring, Opinions & Assessments
Advisory & Consulting: Guidance, Budget Support & Implementation
Municipal Financial Sustainability Index (MFSI®)
Data-driven evaluations using Ratings Afrika’s Municipal Financial Sustainability Index (MFSI®) to benchmark financial health, identify strengths and risks, and recommend actions that protect and improve service delivery.
What is the MFSI®?
The MFSI is a carefully designed analysis and assessment of a municipality’s financial sustainability. The ultimate goal of the MFSI® is to improve financial sustainability, a crucial factor in ensuring the ability to deliver services as required in the municipality’s jurisdiction.
The Municipal Financial Sustainability Index (MFSI®) is a registered trademark of Ratings Afrika.
Ratings Afrika is the sole supplier of this kind of financial analysis on municipalities.
Independent scoring model used since 2011, built from published financial statements and credible public data.
Provides peer comparability and five-year trend visibility; covers top locals plus metros annually.
Ratings Afrika’s subscription based MFSI® services provide essential information for municipalities, individuals, companies and governments to make decisions with confidence.

Governance Scoring, Opinions & Assessments
Independent governance opinions and comparative assessments for provinces, national departments, state-owned enterprises, and companies, benchmarking governance, surfacing risks, and prioritising improvement actions.
Outcomes
Independent governance opinions, comparative scoring, and structured assessments aligned to international good practice.
How we work: Structured document analysis (including published financials), targeted interviews where appropriate to ensure credibility, consistency, and depth.
Outputs: A clear governance opinion summary, comparative scoring profile, concise findings & recommendations, and (if requested) board/leadership feedback and a public communication note.
Use cases: Oversight support, benchmarking, improvement planning, monitoring over time, and in some instances, supporting appeals or clarifications to third-party views.

Advisory & Consulting: Opinions, Guidance and Help
Practical, confidential guidance that converts analysis into action and sustained improvement.
Outcomes
Translate insights into action and sustained improvement. Stronger cash collections and working capital discipline, targeted infrastructure spend, clearer accountability, and measurable progress on the factors that support reliable service delivery.
Practical guidance on budget-time prioritisation, policy/controls, and medium-term planning.
Appraisals, governance structure reviews, and risk hotspot identification.
Peer benchmarking and targeted collection-rate improvement focus.
Implementation support: Roadmaps, milestones, and periodic check-ins to track progress.

Outcomes & Benefits
MFSI®-led guidance helps stabilise working capital, improve collections, and direct budgets to essential services, roads, electricity, and water, so households and small businesses can operate, invest, and hire.
Liquidity stability
Improve collections and working-capital discipline so obligations are met on time and supplier confidence returns.
Budget alignment
Prioritise spend toward essential services and infrastructure, with clear trade-offs that protect service delivery.
Peer benchmarking
Use comparable scores and trends to track progress, motivate performance, and inform oversight.
Risk management
Surface weaknesses early so councils and provinces can intervene before crises emerge.
Economic impact
Reliable services unlock local investment, jobs, and sustainable municipal revenues.
GET STARTED
Strengthen your municipality’s financial sustainability and governance today. Partner with Ratings Afrika for proven, independent results.
Contact us to learn how our expertise can help stabilise finances, improve services and unlock local growth.
100%
Client Satisfaction
40+
Municipalities Served
MFSI®
Sole Supplier in RSA
Client Success Stories
Municipal leaders share how Ratings Afrika’s independent insights translated into stronger finances and better services.
Midvaal Local Municipality
“Being one of the top scoring municipalities in the country has enabled Midvaal Local Municipality to attract new businesses to our area that has supported local economic growth. Ratings Afrika’s services will certainly help other municipalities to become financially more sustainable and improve service delivery.”

Phumudzo Magodi
MUNICIPAL MANAGER,
Midvaal Local Municipality
Saldanha Bay Municipality
“This service has enabled Saldanha Bay Municipality to annually monitor its performance against these criteria with the objective of constant improvement, especially in Affordability and Infrastructure development. We value Ratings Afrika’s services and the important role they play in measuring financial sustainability of municipalities.”

Stefan Vorster
CHIEF FINANCIAL OFFICER,
Saldanha Bay Municipality
Swartland Municipality
“The strategic insights and guidance provided by Ratings Afrika have been instrumental in our efforts to manage resources efficiently and deliver on our mandate to serve the community effectively.”

JJ Scholtz
MUNICIPAL MANAGER,
Swartland Municipality
Hessequa Municipality
“Ratings Afrika’s services have proven excellent in determining whether there is improvement or regression in the financial position of a municipality. With the assistance of Ratings Afrika municipalities have been able to improve their financial sustainability and with the relevant tools, strengthened their financial capacity which has enabled better service delivery.”

ASA de Klerk
MUNICIPAL MANAGER,
Hessequa Municipality
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We help you to convert your data into a strategic asset and get excellent business insights.