Cooperative Governance and Traditional Affairs Minister Nkosazana Dlamini-Zuma. South African municipalities are owed more than R120 billion.Municipalities owe more than R53 billion to creditors of which about R11.3 billion is owed to Eskom and R6.24 billion owed to water boards.Cooperative Governance and Traditional Affairs Minister Nkosazana Dlamini-Zuma revealed these figures in the National Council of…
Cooperative Governance and Traditional Affairs Minister Nkosazana Dlamini-Zuma. Municipalities across the country are failing to reduce irregular expenditure.In some municipalities, there is a lack of responsiveness to implement and monitor action plans.Interventions by provincial governments have at times worsened the problems in municipalities.South Africa's municipalities are drowning in their financial sorrows and the casualties are…
In the 2018/2019 financial year, fruitless and wasteful expenditure by municipalities again increased.Ongoing governance and financial failures have many ramifications – but at present, municipalities meant to fight Covid-19 on the frontlines cannot curb irregular spend or collect revenue. How will this impact service delivery?In the supplementary budget, additional funds were allocated to municipalities. But…
Finance minister Tito Mboweni delivering his coronavirus emergency budget. (Parliament of SA) The Auditor-General of South Africa presented a grim picture of municipalities' financial management during the 2018-2019 financial year.Finance Minister Tito Mboweni, in his supplementary budget, said an additional R11 billion has been allocated to local government.MPs called for more stringent enforcement of accountability measures…
3 min read IT'S NOT GETTING any warmer here in the Northeast, but that's to be expected. What we didn't expect, though, was one of our all-time favorite outfitters, Huckberry, to mark down a bunch of its best-selling jackets just in time for the changing of the leaves. We just covered Huckberry's larger fall sale
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