{"id":14401,"date":"2012-09-08T16:01:16","date_gmt":"2012-09-08T14:01:16","guid":{"rendered":"http:\/\/www.myza.co.za\/09\/ethekwini-finances-in-sterling-shape\/"},"modified":"2012-09-08T16:01:16","modified_gmt":"2012-09-08T14:01:16","slug":"ethekwini-finances-in-sterling-shape","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/ethekwini-finances-in-sterling-shape\/","title":{"rendered":"Ethekwini finances in &#8216;sterling shape&#8217;"},"content":{"rendered":"<p>        \t                                <!-- Main Editorial Image --><br \/>\n                    \t\t\t      \t\t\t                                                        <img decoding=\"async\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/plugins\/rss-poster\/cache\/639d9_1241724705.jpg\" alt=\"NM DBN Ccityhall\" class=\"pics\" \/><\/p>\n<p class=\"captions_credit_article\">\n<p class=\"captions\">Durban City Hall, the administrative seat of the eThekwini municipality.<\/p>\n<p class=\"captions\">\n<p>\t\t  \t\t  \t\t\t\t\t  \t\t  \t\t    <!--PSTYLE=WT Web Text--><\/p>\n<p class=\"arcticle_text\">Despite recent criticism from opposition parties about the state of eThekwini\u2019s finances,  members of the KwaZulu-Natal legislature\u2019s committees on finance and co-operative governance gave the city a \u201csterling report\u201d. <\/p>\n<p class=\"arcticle_text\">This year the ANC-led municipality has lurched from one financial controversy to another and it has also been shaken by the controversial Manase and Associates forensic investigation report, which uncovered non-compliance with, and disregard for, supply-chain management policies, and evidence of corruption and fraud by certain employees in collusion with suppliers, among a host of issues. <\/p>\n<p class=\"arcticle_text\">Although an abridged version of the Manase report was released in February, the full report is still being withheld from the public until all \u201cinternal disciplinary processes\u201d have been finalised. <\/p>\n<p class=\"arcticle_text\">Citing a recent article that eThekwini had underspent by R2 billion and its housing budget was underspent by 45 percent in the 2010\/11 financial year, the ANC MPLs criticised DA MPL George Mari and the media of \u201cdistorting the truth\u201d.  <\/p>\n<p class=\"arcticle_text\">Finance portfolio committee chairwoman Belinda Scott said the findings of her committee and co-operative governance were that the negativity surrounding eThekwini was \u201cgrossly unfounded\u201d. <\/p>\n<p class=\"arcticle_text\">\u201c\u2026 The national Treasury official directly responsible for the oversight of the eThekwini municipality delivered a glowing report on the municipality\u2019s financial sustainability and viability,\u201d she said.   <\/p>\n<p class=\"arcticle_text\">Scott said the national Treasury had also stated that eThekwini topped the list in the country when it came to compliance with Treasury regulations. <\/p>\n<p class=\"arcticle_text\">She said the treasury was satisfied with the steps taken by the city to reduce irregular expenditure and the municipality clarified the R1.3bn irregular expenditure incurred for the 2010\/11 financial year. <\/p>\n<p class=\"arcticle_text\">\u201cAn amount of R2.023bn relating to eThekwini\u2019s current and prior irregular expenditure was condoned by council\u2026 Thus this irregular expenditure could not have been unlawful or wasteful,\u201d she said. <\/p>\n<p class=\"arcticle_text\">Scott also said that irregular expenditure had been radically reduced in the 2011\/12 financial year to R489 million. <\/p>\n<p class=\"arcticle_text\">\u201cNot one provincial department does not incur irregular expenditure. It is the nature of business\u2026 The DA speaks about massive backlogs in housing, but it\u2019s 20 percent not 45 percent,\u201d she added.    <\/p>\n<p class=\"arcticle_text\">ANC MPL Sboniso Duma, who was representing the co-operative governance chairman, would not entertain any questions about the Manase report and its release to the public.  <\/p>\n<p class=\"arcticle_text\">He said when people like Mari \u201cdistort information, then the public consumes wrong information\u201d. <\/p>\n<p class=\"arcticle_text\">Deputy mayor Nomvizo Shabalala said there was no secrecy about the Manase report and the matter was being managed in such a way that in the end \u201cratepayers will be happy\u201d about the outcome of the process. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Durban City Hall, the administrative seat of the eThekwini municipality. Despite recent criticism from opposition parties about the state of eThekwini\u2019s finances, members of the KwaZulu-Natal legislature\u2019s committees on finance and co-operative governance gave the city a \u201csterling report\u201d. This year the ANC-led municipality has lurched from one financial controversy to another and it has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[8275,953,2143],"class_list":{"0":"post-14401","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-durban","8":"tag-newspaper","9":"tag-the-mercury","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/14401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=14401"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/14401\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=14401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=14401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=14401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}