Statement by Nelson Mandela Bay Municipality Acting Executive Mayor Thsonono Buyeye:
I would like to express my gratitude at the level of honesty and cooperation by the Minister of Finance, Mr Tito Mboweni for keeping his word in relation to conditional grants and our equitable share due for Nelson Mandela Bay Municipality.
Through our constructive and honest engagements and cooperation with the National Treasury, the Minister has written to the Nelson Mandela Bay Municipality confirming that all conditional grants and equitable share amounting to more than a billion rand will now be released.
This follows a marathon of engagements between the City and the National Treasury on a number of areas that Treasury were not satisfied about.
National Treasury had raised concerns about issues in relation to outstanding forensic investigations, appointment of permeant senior managers, including the City Manager, a proper financial reporting plan and poor project management by the City among others.
As a result of the above, they decided to withhold some of the conditional including the USDG and the equitable share that were due to the City.
In the correspondence that we received from the minister, he clearly indicated his satisfaction at the progress that has been made by the current political and administrative leadership to deal with all the matters raised which led to the grants being withheld.
As a leadership collective, we are pleased and encouraged about these developments.
They are a clear indication of a vote of confidence on the current administration and its efforts to strengthen the administrative systems of this City.
This will go a long way in saving every cent and making sure that projects are implemented with the strictest financial controls.
We celebrate this step on behalf of the residents of the City. This actually means that from now onwards we will remain focused on accelerated service delivery, with infrastructural development at the centre.
We are aware of the two disasters that we currently face mainly, Water Crisis, COVID-19 which both have led to massive job losses.
It is a commitment of this administration to work hard to mitigate the effects of the two on our economy so that we can protect the poorest of the poor.
NMB Communications
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