Read more about the article CITY OF CAPE TOWN GOVERNMENT INCREASES PROFITS BY ANOTHER BILLION RAND AS AUDITOR GENERAL’S REPORT EXPOSES DECLINING GOVERNANCE, POOR FINANCIAL MANAGEMENT AND FALLING DELIVERY
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CITY OF CAPE TOWN GOVERNMENT INCREASES PROFITS BY ANOTHER BILLION RAND AS AUDITOR GENERAL’S REPORT EXPOSES DECLINING GOVERNANCE, POOR FINANCIAL MANAGEMENT AND FALLING DELIVERY

 

As Cape Town politicians vote to absorb a bonus R1 billion extra income extracted from residents through high tariffs, the Auditor-General reports R950 million in irregular expenditure.

 

Continue ReadingCITY OF CAPE TOWN GOVERNMENT INCREASES PROFITS BY ANOTHER BILLION RAND AS AUDITOR GENERAL’S REPORT EXPOSES DECLINING GOVERNANCE, POOR FINANCIAL MANAGEMENT AND FALLING DELIVERY