CoCT poised for investment after receiving another clean audit

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Mayor Geordin Hill-Lewis says while more work needs to be done, the report shows money is not being wasted.

CAPE TOWN - The City of Cape Town has received yet another clean audit for the 2021/22 financial year.

He said the city's strong financial position was largely owed to a 97% collection rate on municipal payments. "We should not for any second believe that a clean audit means that we get everything perfect all of the time - far, far from it. But it is an absolute indication that the public can look to this government to being trustworthy, that public money is spent with caution and probity, that we get value for money."

 

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

 /  🏆 30. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines