The Gauteng portfolio committee on economic development, environment, agriculture and rural development made the shocking discovery last week.
Chairperson of the committee Lindiwe Lasindwa said Isigayo Mill was supposed to be completed in the 2015/2016 financial year and open in 2017. Lasindwa said she was shocked and disappointed that the project meant to benefit the people by empowering local SMEs and retailers was still not functional. She said the project could have ensured that local businesses become meaningful players in the food industry and help promote the emergence of black industrialists.
“It has come to the committee's attention that the Gauteng department of agriculture and rural development has transferred an amount of R8m to Rand West municipality to assist in the operational and assets of the mill and the amount is alleged that is not accounted for by both the department and municipality,” Lasindwa said.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rand weakens as US retail data exceeds market expectationsRetail sales for June saw a 0.4% month-on-month rise, the same as in May, and twice as much as expected
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: BDliveSA - 🏆 12. / 63 Read more »
Emerging-markets stocks fall on US-China trade tensionsThe rand slipped 0.2% ahead of the Reserve Bank’s rate decision
Source: BDliveSA - 🏆 12. / 63 Read more »