City of Tshwane mayor Nasiphi Moya. Picture: Nigel Sibanda/ The Citizen It was all eyes on Tshwane on Thursday after the Auditor-General (AG)’s report on the state of the City of Tshwane’s finances. DA Tshwane mayoral candidate Cilliers Brink said the state of Tshwane’s finances is far from stable.
“The Auditor-General’s report on the performance of the Tshwane Metro for the 2024/25 financial year confirms that the city has gone backwards under the ANC-led coalition of Mayor Moya. The city’s key financial indicators show a sharp decline – from cash coverage, to trade payables and revenue collection. It is not clear that the mayor has any plan to get the city’s financial recovery back on track,” he said.
Brink said, according to the report, unauthorised, irregular, fruitless and wasteful (UIFW) expenditure has increased by R5 billion to R23 billion in total, while the city has failed to act on the findings of completed investigative reports. Brink added that the revenue collection has dropped from 93% to 85%, which explains the City of Tshwane’s eagerness to cut services to national and provincial government departments, which it claims are not paying their bills. Brink added that the AG also raised concern over the salary increases awarded to staff, a decision which the city failed to take on review to the Labour Court despite clearly not being able to afford the R1.5 billion backdated portion of the increase.
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FF Plus Tshwane caucus leader Grandi Theunissen said his party is concerned following the AG’s 2024/25 audit report on the City of Tshwane. “The report confirms that the city’s financial management has deteriorated sharply, with incorrect valuation of assets, which inflated financial statements, underestimation of contingent liabilities by more than R4.3 billion and collapse of results management, which leaves irregularities unpunished,” he said.
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