Matjhabeng owes Eskom and Bloemwater R5bn each, and is the fourth-highest on the list of municipalities indebted to the power utility
Matjhabeng in the Free State believes it can turn around its financial trajectory despiteThe auditor-general raised concerns in a 2021/2022 report about the municipality’s debt exceeding its assets by R8.4bn and highlighted that it also incurred a deficit of R1bn.Matjhabeng owes Eskom and Bloemwater R5bn each. It is fourth-highest on the list of municipalities indebted to the power utility.
Maluleke’s report said the municipality’s problems were due to a lack of effort in addressing previously identified internal control deficiencies relating to compliance, performance, financial reporting and IT. The auditor-general highlighted some causes as being related to non-tax-compliant suppliers and a lack of subcontracting requirements on bid documents.
In 2021 the auditor-general found the municipality made late employee tax payments to the SA Revenue Servicer .“Control measures were implemented to improve the situation. PAYE is now paid on time.”He said beefed-up administration management and new political leadership elected in the 2021 local government polls, headed by Thanduxolo Khalipha, would positively affect residents.
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