As the alleged wrongdoing at Bishops Diocesan College shows, equating wealth with virtue is a bad idea, writes Helena Wasserman.
Sprinkles early. Morning clouds. Mild.
Finance Minister Tito Mboweni has stood firm on the user-pays principle, saying it's time to develop a "culture of paying" if the economy is to recover.
Deputy President David Mabuza has called on members of the National Council of Provinces to tell residents to pay for service delivery in order to improve rising debt levels in municipalities.
The Alfred Nzo District Municipality in the Eastern Cape has announced two changes in its mayoral committee.
The Auditor General has been given more teeth, and should be allowed to use them, Parliament’s Standing Committee on Public Accounts and the Standing Committee on the Auditor General have said.
Unauthorised, irregular and wasteful expenditure at municipalities has reached R122 billion. This is more than the total market capitalisation of Shoprite and Spar, combined.
Eskom must prioritise collecting what it is owed by municipalities as a first step toward becoming financially sustainable, says Finance Minister Tito Mboweni.
Some 28 municipalities – a quarter of them in the North West – generate more than 89% of their own income.
Ratings agency Moody's has changed its rating of the City of Cape Town municipality from negative to stable.
Parliament's Select Committee on Appropriations (SeCOA) has expressed serious concerns over the increase in municipalities that adopted unfunded budgets for the 2018/2019 financial year.
South Africa is working on policy and regulatory reforms to make it easier for municipalities to borrow in capital markets to finance infrastructure projects, says the National Treasury.
Three municipalities, which owe Rand Water hundreds of millions of rand, will have reduced water pressure if they fail to pay by October 1, the water utility announced on Thursday.
The verification and validation of the use of water in SA is urgently needed, says the CEO of the South African Association of Water User Associations.
ANC and DA representatives received the memorandum from protesters, but the EFF spurned the demonstrators.
The latest annual municipal audit report details some alarming instances of maladministration in several towns and cities in South Africa.
Eskom says the municipal debt crisis has only worsened, despite a number of interventions.
Moody's Investors Service has downgraded Mangaung Metropolitan Municipality's long-term global scale issuer rating to Ba3 from Ba2 and its long-term national scale issuer rating to Baa1.za from A1.za.
Power has been restored to most suburbs affected by the earlier outage in Johannesburg, City Power Jhb has said.
The Budget review says infrastructure grants would be changed to increase flexibility and incentivise private financing.
The South African Local Government Association was not aware of VBS's issues until it was too late, national executive committee member Bhekumuzi Stofile has told Parliament.
Minister of Finance Tito Mboweni says a new grant that government has proposed to help municipalities facing financial crisis will no longer be introduced.
Cape TownTSU Protection Services (Pty) LtdR1 000.00 - R40 000.00 Per Month
GoodwoodMPC RecruitmentR6 500.00 Per Month Per Month
R 11 800 000
Apartments / Flats
R 6 250 000
R 2 750 000
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