Msunduzi finances turn for the better

2010-03-05 00:00

THE financial situation at the Msunduzi Municipality has taken a positive turn since the appointment of the provincial task team.

As of March 1, the municipality’s bank balance stands at R65 878 665,38.

This was stated by task team member Naren Mahesh during a reading of the second task team report at yesterday’s executive committee meeting.

This figure is a vast improvement from the net cash amount of R1,7 million reported to have been available on June 30 last year.

When DA councillor Rodger Ashe asked whether the task team has received the co-operation of officials in their second week, Mahesh said they have.

Msunduzi Mayor Zanele Hlatshwayo said she could also confirm that officials have co-operated with the task team, unlike last week, as she had sat in on one of their meetings this week.

Acting municipal manager Kevin Perumal said senior managers have met the team on more than one occasion this week, and more meetings are scheduled to take place.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News

Book flights

Compare, Book, Fly

Traffic Alerts
Traffic
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.