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Godongwana hands Ditsobotla rescue plan for R2.1bn cash crisis
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Godongwana hands Ditsobotla rescue plan for R2.1bn cash crisis
By Thebe Mabanga Finance Minister Enoch Godongwana has handed the Ditsobotla Local Municipality its revised Financial Recovery Plan (FRP), which is meant to tackle a R2.1 billion cash shortfall, creditor payment days of more than 3,000 days and bloated staff costs of 720 workers, when the municipality is said to require just over half that number, or about 450 employees. The handover was witnessed by North West Finance MEC Kenetswe Mosenogi, Dit…
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