The brouhaha between the municipality (see here) and Retief Odendaal of the DA (see here) is around the 2014-15 Auditor General's report - a full copy of which can be found HERE. The fact of the matter is that the Auditor General's report is a 'backward looking' statement of findings. In business, when one does a due diligence, reports such as these are used as a predictor of future performance and compliance. The NMB Metro boasts of having R2 Billion in the bank. I must confess to taking … [Read more...] about Imminent Administration for the Metro – What does that mean?
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