Mantsopa to answer for dire financial state

Issued by Tania Halse – Ward 7 Councillor Mantsopa Municipality
15 Sep 2022 in Press Statements

The DA will ensure that questions about the dire financial state of the Mansopa Local Municipality are answered. During an Executive Committee meeting, the following financial information for the end of the 2021/2022 financial year was tabled by Mayor Mamsie Tsoene.

  • A collection rate of only 46% for the financial year.
  • Line managers owed a total of R401 818.50 on services accounts.
  • Councillors owed a total of R556 813.77 on service accounts.
  • The Speaker and Municipal Manager are on the top of the debtors’ list.

The municipality is still defaulting on its third parties and creditors, which include;

  • Eskom R266 518 928.70
  • SARS (PAYE) R3 791 804.74
  • Pensions R3 639 540.25
  • Medical Aids R2 375 719.90
  • Auditor General R10 813 356.40
  • Bloem Water R2 002 431.05
  • Leeuwriver R201 646.34
  • Lovedale R80 393.50

The municipality has an outstanding loan with the Development Bank of Southern Africa (DBSA), with a balance of R8 555 595.52, the interest alone on this loan is R2 239 189.88.

In the sitting with the Provincial Public Accounts Committee on Friday 16 September 2022, the Mayor, acting MM and CFO will have to account for the financial mismanagement issue. Good governance of public funds is crucial to economic growth and job creation which can bring change to the residents of Mantsopa. The DA will monitor the situation closely and ensure that the municipality is held accountable.