The theft of electricity in Nelson Mandela Bay Municipality is hitting the poor, fueling price increases and undermining job creating businesses in the Metro. The mid term budget performance report highlights approximately R200 million in electricity losses between July and December last year and notes that the biggest increase was in non technical losses due to the increasing theft of electricity in the Metro. Affordable and consistent electricity supply is critical for a growing Metro … [Read more...] about Electricity Theft Undermines Nelson Mandela Bay Economy
angelo dashwood
Nelson Mandela Bay asks for R100 million in unauthorised expenditure
On Tuesday 26 November, the DA in Nelson Mandela Bay exposed an item seeking the approval of more than R100 million in unauthorised expenditure. The item, which should only be presented in the adjustment budget in February 2014, was riddled with examples of unauthorised expenditure on line items that were never budgeted for such as the increase in budget for the 'Institutional Contract Management and Supply Chain System' from R0 to R28 Million. How can this Council be asked to approve … [Read more...] about Nelson Mandela Bay asks for R100 million in unauthorised expenditure
Outstanding Debts will cripple Service Delivery in Nelson Mandela Bay
The financial outlook for Nelson Mandela Bay continues to deteriorate with the September collection rate slipping to 85.5%. This is 10% below what is required to maintain a stable fiscus that will fund our R8 billion budget and guarantee the delivery of services. The DA is concerned that approximately R40 million in revenue remains uncollected by the municipality. The reduced collection rate is largely due to the fact that a budget deviation to allow us to appoint a panel of attorneys to do … [Read more...] about Outstanding Debts will cripple Service Delivery in Nelson Mandela Bay
Former Councillor Angelo Dashwood on how to fix the Cash Crisis
The guest speaker at the Ward 1 and 2 ward meeting on 2 August was former Ward 5 Councillor, Angelo Dashwood, who addressed the meeting as follows: When I was first in Council in the 1980's and 1990's as a DP Councilor for Ward 5, we had a well-run council with the best qualified officials. Our investments totaled more than R2b and we were one of the best run municipalities in South Africa. Today, unfortunately, things have changed dramatically, we no longer have investments - in fact we … [Read more...] about Former Councillor Angelo Dashwood on how to fix the Cash Crisis
