Data provided by McGregor BFA
All data is delayed
Loading...
See More

Sexwale: Provinces under-delivering

Oct 29 2012 18:35 Sapa

Related Articles

BEE investors to quit Absa

Sexwale slams 'chancers' in construction

EAAB placed under administration

Calls for investigation into EAAB

Union backs state construction firm

Estate agency administrator appointed

 
Johannesburg - Provincial housing departments under-spending their budgets are at risk of losing funding if they do not improve, Human Settlements Minister Tokyo Sexwale warned on Monday.

"As in the past, we shall not hesitate to apply intervention measures by taking funds from under-performing provinces and transferring them to those that are doing well, for the sake of delivery to our people," Sexwale said in a statement.

He recently convened a meeting of human settlement MECs and issued his warning. The MECs agreed to implement recovery plans, to be approved by the minister, that would spend the unused funds, intended for housing and settlement improvements.
tokyo sexwale
NEXT ON FIN24X

 
 
 

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
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

An uncomfortable election

The latter few weeks of election 2014, have seen South Africans reeling from an assault on their comfort zone when it comes to voting, writes Daniel Silke

 
 

Latest elections multimedia

Why Jack Parow wants you to vote on 7 May
The ad the SABC doesn't want to air
Elections 2014 in one cartoon
This year's election posters

Money Clinic

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