News Formal

Billions lost in disorganised municipalities | Business | M&G

  • 📰 mailandguardian
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 92%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Kimi Makwetu said there was a six percentage point increase in the number of municipalities that implemented consequence management on the part of oversight structures in municipalities and provinces, as well as a failure to investigate findings.

Auditor General Kimi Makwetu has called on leadership at municipalities, from municipal managers, mayors and councils, and even people in the provincial legislature to take an active role in the financial behaviour of municipalities, and start holding errant employees to account.

He said: “The leaders in local government should therefore steer their municipalities to success. They should take responsibility for the deteriorating accountability in municipalities and it is their duty to turn the situation around.” Makwetu said there was a six percentage point increase in the number of municipalities that implemented consequence management on the part of oversight structures in municipalities and provinces, as well as a failure to investigate findings.

He also said that 34% of the audited municipalities disclosed expenditure that exceeded their incomes. As a result, the total deficit recorded amounted to R5.8-billion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Can you imagine how much that translates to in terms of service delivery

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Financial state of municipalities has worsened — AG | Business | M&G
Source: mailandguardian - 🏆 2. / 92 Read more »

Just in time: Denel will be able to pay June salaries | Business | M&GAnd you don't see something wrong with that or you want to paint corrupt pravin as a saviour?Who is the lender,what are the conditions for this,how will they be paid,when was this negotiated bcos the news broke on the even of pravin's speech?There was no crisis this was staged If a lender lends, does that constitute ‘rescue’. That’s the thing SOE’s don’t get. Creating more debt is a race to the bottom, the only way forward is to turn SOE’s into profitable businesses. Government does not have skill / ability to manage SOE’s. Should be liquidated, sold. Who is the lender? And what are his terms.
Source: mailandguardian - 🏆 2. / 92 Read more »