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Posts Tagged ‘Tshwane’
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March 16, 2018

ENERGY DEPT NEEDS R1 TRILLION FOR NUCLEAR PLANS

Finance Minister Nhlanhla Nene confirmed that nuclear plans will remain on the table but will only be implemented at a pace the country can afford.

Finance Minister Nhlanhla Nene says the Energy Department will need a budget of R1 trillion for its nuclear plans.

Nene confirmed that nuclear plans will remain on the table but will only be implemented at a pace the country can afford.

The Finance Minister gave his first public address in Tshwane on Monday at a Fedusa conference.

“Which means we must not move away from the existing plans and we’re sitting with the IPPs as we speak on renewable energy, some of them that are due to be signed quite soon, some of [...]

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February 9, 2018

Tshwane makes headway with clean audit

The auditor-general’s financial statements would be presented to council today.

Despite fears that the City of Tshwane is heading for bankruptcy, the DA-led multiparty government announced yesterday it had received an unqualified audit from the auditor-general (AG) in its first year in office.

Member of the mayoral committee for finance Mare-Lise Fourie said mayor Solly Msimanga’s administration had achieved a good financial record by tightening controls over supply chain processes, slashing unauthorised and unnecessary expenditure and scrapping the costly PEU smart meter contract.

“The AG flagged [PEU] as one of the biggest items of irregular expenditure which [...]

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