City of Joburg mayor, Mpho Phalatse’s bid for a R2 billion short-term loan has been rejected yet again by the metro’s council.💵
Earlier, the Economic Freedom Fighters in Joburg criticised the Democratic Alliance -led multiparty government for poor governance by failing to improve the City’s finances.
“Currently, the City doesn’t have cash-flow to pay for its service providers and very soon it will not be able to pay salaries for its employees,” the Red Berets said in a statement on Wednesday. The EFF has urged the City to compile “a detailed diagnosis of the root-cause of poor revenue collection and come up with remedial actions to be implemented immediately”.“We are [also] calling for an urgent appointment of an independent auditing firm to scrutinise the City’s financial status and to investigate the possibilities that the revenue and property staff are possibly pocketing some funds such as private school’s rebates and paying less on their rates,” the party said.
“In addition to this investigation, the executive must table a report which details the amounts spent on legal services since mayor Phalatse took office.”
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