SA Politics Thread Part 13 The Days of Madlanga

TheChamp said:
They honestly did very well on that, the fact that they were able to immediately find money to service the debt proves that it was nothing but DA financial mismanagement.
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It is indeed impressive that they could find so much money for Eskom, workers increases (back paid) in such a short time. Should be interesting to see where it comes from. Joburg can learn from them with their insolvent entities.

Their finances do look impressive (with the usual blemishes on capital spending that plagues all municipalities),

City of Tshwane - Municipal Money

Financial Performance for City of Tshwane, and other information.
municipalmoney.gov.za municipalmoney.gov.za
 
ForceFate said:
Don't they apply the sealing whatnot first before pouring asphalt? Also, I imagine the edges are weakened so what I've seen they do is trim the edges first, apply the black tar-like compound or whatever it's called, pour asphalt mix and compact it. However, I'm not in road construction and repair. My opinion is based purely on observation.
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Maybe that expert on road drainage sluices can help?

@HAL 9000 come here.
 
R13... said:
It is indeed impressive that they could find so much money for Eskom, workers increases (back paid) in such a short time. Should be interesting to see where it comes from. Joburg can learn from them with their insolvent entities.
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No it's not impressive until we have the whole picture. This is the veneer on the surface used to distract you, while people die falling into excavation sites that have been left open and uncordened off for months...
 
R13... said:
It is indeed impressive that they could find so much money for Eskom, workers increases (back paid) in such a short time. Should be interesting to see where it comes from. Joburg can learn from them with their insolvent entities.

Their finances do look impressive (with the usual blemishes on capital spending that plagues all municipalities),

City of Tshwane - Municipal Money

Financial Performance for City of Tshwane, and other information.
municipalmoney.gov.za municipalmoney.gov.za
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The Eskom debt in particular was just bad financial mismanagement, yes Tshwane has people who do not pay electricity but generally the townships have a much higher compliance than Joburg or Ekurhuleni townships.

Their strategy is so simple, they targeted business clients who have no business not paying for electricity, so it is quicker revenue collection and the revenue is much more substantial than residential with minimal effort.
 
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Mike Hoxbig said:
Servicing the debt isn't the issue, it's at what expense? The budget is finite, so to pay that amount of money so quickly means you would have to cut back hard on other things.

It's like how De Ruyters fanboys praise him for reducing debt, when all he did was take the entire bailout and dump it into reducing debt. Then we sat with stage 6 afterwards...
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If it isn't the issue why was it not serviced? It is simple really, when people pay you money for electricity, you hand it over to Eskom, that's what the new administration has done.

They have also gone on an aggressive revenue collection, the electricity money is there, the DA was simply not handing it over to where it belongs, I know it is something very hard to stomach for DA, supporters, but there are AG reports that proves that the DA administration was exceptionally incompetent in terms of managing the city finances.
 
TheChamp said:
If it isn't the issue why was it not serviced? It is simple really, when people pay you money for electricity, you hand it over to Eskom, that's what the new administration has done.

They have also gone on an aggressive revenue collection, the electricity money is there, the DA was simply not handing it over to where it belongs, I know it is something very hard to stomach for DA, supporters, but there are AG reports that proves that the DA administration was exceptionally incompetent in terms of managing the city finances.
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I'm not going to argue the mechanics, because that's how it should actually work. Electricity and water revenue should be ring-fenced and paid over to the relevant utility, whatever is left over can go into the city's treasury.

We find ourselves in this current mess across all municipalities precisely because electricty and water revenue has been used to cross-subsidise other things. So now if you pull the rug in one go, other things will break. It needs to be more carefully managed, and once everything has stabilised then we do it the right way. The De Ruyter approach is destructive by nature...
 
ShaunSA said:
Speaking of being wrong. @TheChamp I could have sworn you said Ramamargerine wouldn't interdict?

Not a constitutional delinquent like uBaba blah blah blah?

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Initially It wasn't his intention to do so as he said, but he is clearly dealing with rogue people instead of honourable MPs, so he has changed his mind, nothing to see here, not like he has being evading accountability for 20 years, the interdict is being heard now, and the review will be heard in September, no one can say that is unreasonable.
 
Mike Hoxbig said:
I'm not going to argue the mechanics, because that's how it should actually work. Electricity and water revenue should be ring-fenced and paid over to the relevant utility, whatever is left over can go into the city's treasury.

We find ourselves in this current mess across all municipalities precisely because electricty and water revenue has been used to cross-subsidise other things. So now if you pull the rug in one go, other things will break. It needs to be more carefully managed, and once everything has stabilised then we do it the right way. The De Ruyter approach is destructive by nature...
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Tshwane has been able to service the Eskom debt, while doing capital projects and regular maintenance.

Sometimes when a competent person does something that was supposed to be done from the beginning, it looks almost unreal or too good to be true.
 
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