eThekwini scrambling for funds as Ramaphosa’s R1 billion promise fails

[rvZA]

Despite having spent hundreds of millions on interventions, the eThekwini Municipality still requires a few billion rand from national Treasury to deal with the damage from the floods.

This, as the R1 billion promised by President Cyril Ramaphosa soon after the floods has not yet materialised.

eThekwini’s chief financial officer Sandile Mnguni told the parliamentary ad-hoc joint committee on flood and disaster recovery on Tuesday, during an engagement in Durban, that the City needed around R3 billion to fix the damage.

eThekwini scrambling for funds as Ramaphosa’s R1 billion promise fails | Witness

Despite having spent hundreds of millions on interventions, eThekwini still requires a few billion rands from national Treasury to deal with the damage from the floods.

www.citizen.co.za

 

[rvZA]

This, as the R1 billion promised by President Cyril Ramaphosa soon after the floods has not yet materialised.

Neva! Are they broke?

 

[Kosmik]

lol, where has any money gone, nothings being repaired by government? Its all private?

Absolute joke.

TBH, 3B might be too low. Lots of damage and to properly fix, it needs to not just be rebuilt but a lot of foundational work as well as the soil has shifted everywhere.

 

[Zophos]

Neva! Are they broke?

You see, Cyril had it in a couch somewhere....

 

[Polymathic]

And we're stuck in a middle of a factional war within the ANC

 

[AfricanTech]

Imagine my surprise...

 

[ToxicBunny]

lol, where has any money gone, nothings being repaired by government? Its all private?

Absolute joke.

TBH, 3B might be too low. Lots of damage and to properly fix, it needs to not just be rebuilt but a lot of foundational work as well as the soil has shifted everywhere.

3B is merely the patch work to make things sort of possibly function like they did before the floods..

To actually fix things, the number is MUCH higher. I've seen figures of around 160B purely to fix Durbans sewerage system properly.

But yeah, I would love to know where the money has gone because at best all I've seen is half arsed patchwork jobs that have already failed.

 

[rvZA]

I am sure if you ask Treasury to open the vault doors, it would look something like this....

 

[Quicks]

The money is gone, stolen. Just imagine if we still had that R500 Billions to fix SA.

 

[ShaunSA]

 

[ShaunSA]

Rama is our version of Amber Turd

@cerebus will be so proud

 

[VooDooC]

Ask these departments, they've been stea... Pissing it away

These government departments waste the most money - Auditor-General | Business

The Auditor-General warned that 21 of 41 national departments, or 51%, incurred fruitless and wasteful expenditure for the past five years.

www.news24.com

 

[Cosmik Debris]

Neva! Are they broke?

Anyone remember the 1 million houses he promised to build within 5 years? Wonder where they are? The time has expired already. Cyril promises the earth, Delivers nothing.

 

[mojoman]

"Despite having spent hundreds of millions on interventions, the eThekwini Municipality still requires a few billion rand from national Treasury to deal with the damage from the floods."

Ja man...a few billion...Chump change....

 

[ubercal]

eThekwini scrambling for funds as Ramaphosa’s R1 billion promise fails | Witness

Despite having spent hundreds of millions on interventions, eThekwini still requires a few billion rands from national Treasury to deal with the damage from the floods.

www.citizen.co.za

cant they generate there own income ? Why do they always have to bring out the begging bowl

 

[BBSA]

I heard an interview with treasury, and apparently the Zulus does not know how to do the paper work.

You can can not just hand over the money, paper work must be in place.

 

[Vrotappel]

Obviously what has been made available has already been looted.