The city of Tshwane faces an uphill battle to sort out its finances, with the city desperately needing residents to pay for their services.
In a parliamentary statement called, the Select Committee on Cooperative Governance and Traditional Affairs, Water and Sanitation and Human Settlements said that the city’s financial management needs urgent attention., Eskom has noted that the city of Tshwane has consistently failed to pay its debts and, in the middle of June, claimed that the city owed R2 billion.
“For the entire duration of this contract, these payments were processed while no VAT was paid. In 2015, after a review of the contract, it was decided that it would be terminated,” the city said. Although the committee noted the city’s plans to improve its dire financial position, it said there is a lack of capacity and skills, particularly in strategic roles in the city.
However, the city said that recruitment is at an advanced stage, adding that it will make recommendations on candidates to the council by August. The committee said that the city has to improve the capacity of the teams delegated to implement the audit action plan to ensure observable progress.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tshwane gave R700-million network tender to company that can’t do the job — AltronAltron says in court papers that the company that won the bid approached them to subcontract in April.
Read more »
Tshwane contract winner can’t do the job, claims rivalAltron, which previously held the tender, tells court Brilliantel asked it to run ICT network on its behalf.
Read more »
How much it costs to live in Australia’s top suburbs for South AfricansSouth Africans are moving to coastal towns in Australia where average house prices can go well above the R10 million mark.
Read more »
Fewer young people are buying cars in South AfricaMany younger and urban consumers don’t want to own cars, they simply want to get from A to B
Read more »
Solar panel theft on the rise in South AfricaThe rapid uptake of solar power solutions has opened a black market trade for entire panels and the scrap value of their components in South Africa.
Read more »