Posts tagged with 'administration'

 

Electricity Network Threatened by Illegal Connections & Plundered Municipalities Like MaLOOTi-a-Poefie Which Owes Eskom R5.2 Billion!

Posted on Leave a comment

Much like Champagne Socialists, #TheAfricanWay also seems to be party until taxpayer’s money runs out, then blame the whites! The Free State is a perfect example of what Trump meant with the term sh*thole, with plundered into bankruptcy municipalities, like Mangat-in, MaLOOTi-a-Poefie and Meteens-soos-myholo being perfect examples of where South Africa as a whole is headed.

The National Council of Provinces, which is yet another useless trough eating quango (created purely to extract salaries, fees and expenses), is going to visit the Malooti-a-Poefie municipality in the Free State. The municipality is responsible for the MISmanagement and looting of the Harrismith, Kestell and QuaQua areas. As small as it is, Malooti-a-Poefie owes Eskom a massive R 5, 2 Billion and electricity is stolen on such a large scale, that it is feared that the network could totally collapse. The decision to take the field trip, was taken in a virtual meeting (onli
Continue reading…

Share with friends on Social Media (if share buttons do not show below, disable your ad blocker temporarily):

Enjoyed this post? Share it!

 
 

ANC controlled entity, Prasa placed under administration – SAA, PRASA and who is next?

Posted on Leave a comment

The state-run Passenger Rail Agency (Prasa) has been placed under administration with immediate effect. Fikile Mbalula, minister of transport, announced the decision Monday morning during a media conference. Furthermore he stated that the immediate dissolution of Prasa’s interim council will also come into effect. Bongisizwe Mpondo was appointed as Prasa’s administrator . This decision comes barely a week after the South African Airways was put into business rescue.

According to Mbalula, the Department of Transport has conducted a review of Prasa over the past few weeks. On this basis, the Department has concluded that the entity faces numerous challenges that will require crucial interventions in leadership and management .

Maroela Media reports that Mbalula explaind that the mere replacement of an interim board with a permanent board will not solve Prasa’s problems. “So I decided to dissolve the interim council and put Prasa under administration,” the minister
Continue reading…

Share with friends on Social Media (if share buttons do not show below, disable your ad blocker temporarily):

Enjoyed this post? Share it!

 
 

ANC regime’s debt to SA municipalities exceeds R1bn

Posted on Leave a comment

Several millions of Rands debt is outstanding with municipalities across SA – ANC regime debt exceeds R1 billion

The ANC government’s poor performance, especially in the economic and financial sphere, is also highlighted in its inability to settle its debt to municipalities.

The ANC’s Minister of Public Works, De Lille, has acknowledged that the state owes more than R1 billion to municipalities.

The irony is that some of the municipalities were placed under administration while the state did not fulfill its obligations to the municipalities.

There are apparently some of the municipalities that are struggling, partly because the state’s obligations to them are not being met, which leads to unauthorized transactions with the local council.

Unconfirmed reports state that De Lille has liaised with more than 60 municipalities to determine the amounts owed, which is believed to total R1 billion. The other 19
Continue reading…

Share with friends on Social Media (if share buttons do not show below, disable your ad blocker temporarily):

Enjoyed this post? Share it!