Tshwane finances stable and sustainable

Mayor sets the record straight

Tshwane's executive mayor, Kgosientso Ramokgopa
Cllr Kgosientso Ramokgopa

The City of Tshwane has dismissed media reports led by the Democratic Alliance, alleging that the municipality is bankrupt.

The city manager, Jason Ngobeni, said in a statement that these allegations are based on speculation and a quest to discredit the political office of the mayor.

Meanwhile, the mayor, Kgosientso Ramokgopa, said at the conclusion of the mayoral committee meeting in Centurion, that Tshwane's financial position was stable. 

This reaffirmation came from a city leadership that acknowledges its accountability for keeping citizens informed of the real state of affairs. 

“In justifying their allegation, the opposition used the regrettable late payment of salaries by a few hours on 26 January as a litmus test for the financial stability of the City of Tshwane. However, as a caring and accountable employer, we openly communicated to all employees and the public the circumstances that led to the late payment. We are also assessing the service contract between ourselves and the payment company to ensure this does not happen again.

“We would like to emphasise that our actions and financial management continue to receive the highest accolades, as the City of Tshwane was among the few to receive an unqualified audit report from the auditor-general in the 2011/12 financial year - the third year in a row.

"This confirms that governance and accountability in our administration are sound,” Ramokgopa told the committee.

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