This story has been updated with the right of reply of Charl Kocks of Ratings South Africa.

Mr Kocks writes: Ratings Afrika is misquoted in an extremely serious manner in the article by Mr Bryan Britton on BizNews 29 April 2016.

He states “The current ANC political leadership in control of the majority of municipalities has demonstrated over the last five years, and more, to not being capable of sound governance. This is the main cause of their low financial sustainability,” Ratings Afrika said.” (My colouring and bolding added.)