Please enter your login details

You can also sign in with your Sowetan LIVE
and Sport LIVE account details.
   Sign Up   Forgot password?

Sign in with:

 
  • All Share : 40784.31
    UNCHANGED0.00%
    Top 40 : 3387.09
    UNCHANGED0.00%
    Financial 15 : 11117.02
    UNCHANGED0.00%
    Industrial 25 : 46858.79
    UNCHANGED0.00%

  • ZAR/USD : 10.2201
    UP 0.33%
    ZAR/GBP : 15.7760
    UP 0.04%
    ZAR/EUR : 13.5424
    UP 0.05%
    ZAR/JPY : 0.1055
    UP 0.05%
    ZAR/AUD : 9.4497
    UNCHANGED-0.00%

  • Gold : 1342.5600
    DOWN -0.06%
    Platinum : 1410.5000
    UP 0.18%
    Silver : 21.2125
    UP 0.02%
    Palladium : 688.0000
    DOWN -0.15%
    Brent Crude Oil : 104.600
    DOWN -1.43%

  • All data is delayed by 15 min. Data supplied by I-Net Bridge
    Hover cursor over this ticker to pause.

Thu Jun 20 07:11:36 SAST 2013

Municipalities owe water boards R2.2bn: Molewa

Sapa | 02 August, 2012 14:06

Image by: Gallo Images/Thinkstock

Municipalities owe South Africa's water boards almost R2.3 billion, Water Affairs Minister Edna Molewa said on Thursday.

In a written reply to a parliamentary question, she said the "in arrears" portion of this debt, on April 31 this year, was R1.4 billion.

This figure is R300 million more than the arrears total Molewa gave three months ago. At a parliamentary media briefing on May 16 this year, she told reporters that the arrears debt -- that older than 60 days -- was "about R1.1bn".

In her written reply, tabled on Thursday, she said the total amount owed by municipalities to the country's 12 water boards -- including "current" debt of R860 million -- was R2,261,372,566.

Molewa said her department was finalising an institutional reform and realignment project, aimed at "improving financial viability for all institutions by merging marginal viable institutions with those with [a] stronger economic base".

Once this was completed, economies of scale would make institutions stronger and better able "to deliver on their mandate and also to support local government".

SHARE YOUR OPINION

If you have an opinion you would like to share on this article, please send us an e-mail to the Times LIVE iLIVE team. In the mean time, click here to view the Times LIVE iLIVE section.