Jobs for pals wrecks metros

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Mountain Man
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Mayors' appointing their friends to executive positions is causing havoc in the municipalities.

The latest report on the state of municipal finances by the Treasury has identified the practice of newly elected mayors' purging municipal managers and chief financial officers to make way for their cronies as one of the big problems causing financial distress to municipalities.

The report, released yesterday, reveals that more than half of South Africa's 278 municipalities do not have sufficient cash reserves and could face a liquidity meltdown that would make it impossible for them to meet their short-term liabilities.

For the financial year that ended in June, 155 municipalities had less that one month in cash reserves, a far cry from the Treasury's requirement that municipalities have a three-month buffer of cash to ensure that they are able to meet their short-term liquidity requirements and pay creditors.

Treasury officials criticised the lack of permanently employed municipal managers and chief financial officers in some of the municipalities, saying instability in these positions constituted a grave risk to the municipality.
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rest of article here

words fail me :mad:
 
Jaaaa baijies for boeties is what the politicians think it is all about stuff the people who pay for it they will just have to pay more :mad:
Wouldn't mind neck-lessing a few of them that would stop that shyt
 
Times Live, she is broken.

I'm wondering how many of those are Western Cape and/or Midvaal?
 
Mila said:
Where is our ANC is not currupt member now?
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ponder said:
Busy filling in a tender form, oops, meant stuffing a envelope with money.
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I was at work, working overtime, I knocked off at 10pm. There are people in the ANC and the ANCYL that actually do work believe it or not.

Corrupt councillors, mayors and other public servants that are supposed to serve the people but instead abuse their position by lining their pockets make me sick. Complaining and moaning on the internet won't help though.
 
This I am afraid doesn't only apply to municipalities but also to some larger business's as well.............
 
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