• Power to Gordhan

    SONA 2016 has set it all up for Pravin Gordhan, it shows just how powerful he may be, says Daniel Silke.

  • Inside Labour

    The history of Valentine Day cards gives a glimpse of how technology resulted in job cuts, says Terry Bell.

  • Courage to do right

    A number of factors will impede Zuma’s opportunity to have a ‘Lula moment’, says Prof Dirk Kotze.

All data is delayed
Loading...
See More

Limpopo wants treasury out - report

Nov 11 2012 13:33
Sapa
Johannesburg - Limpopo premier Cassel Mathale wants the treasury, which took over administration of five provincial departments, out of the province, the Sunday Times reports.

Mathale said it was time the intervention came to an end as it had achieved its objectives.

"We have made tremendous progress. Depending on how national [government] interprets things, they will have to review their presence," Mathale was quoted as saying.

In December 2011, the treasury took over administration of the departments of health, education, roads and transport, public works, and treasury. This came after the province asked for a R1.77bn overdraft from national treasury. Since then the province had gone from having a R1.7bn overdraft to a R2bn surplus.

Treasury said the decision to withdraw from the province could only be made by the Cabinet and the National Council of Provinces.

The improved financial position had not been achieved because of delays in the payment of suppliers, treasury spokesperson Jabulani Sikhakhane said.

"The value of outstanding payments has declined from R1.2bn when intervention began, to R250m currently.

"The reduction in the level of expenditure has occurred mainly as a result of reducing waste and irregular payments and has therefore not been at the expense of the delivery of services in the province."

cassel mathale  |  limpopo

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
13 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Will Jacob Zuma's State of the Nation speech help SA avoid "junk" downgrade?

Previous results · Suggest a vote

Loading...