WITH the backing of international rating agencies, who have rated eThekwini as the highest performing municipality on financial management among the eight Metros in the country, the City of eThekwini reportedly remains in good financial standing.
This was the firm reassurance from eThekwini City Manager Musa Mbhele this week.

“We also maintain a healthy revenue collection rate of 93% and continue to receive unqualified audit opinions from the Auditor-General,” said Mbhele.

Mbhele opened the engagement by reaffirming the City’s mission to maintain transparency and consistent communication with its constituencies and stakeholders, including residents and the media.

Also read: Ratepayers threaten to withhold payments to municipality

“eThekwini Municipality’s impressive economic performance, revealing that the City has successfully created 70 000 jobs, which is more than any other metropolitan municipality in the country, according to Statistics South Africa.
“It is important for us to regularly engage with residents, so that we can share the strides our beautiful city is making, particularly on the development and service delivery front,” added Mbhele.

He concluded that eThekwini was the highest ranked municipality among the eight metropolitan municipalities.
“We are also ensuring that the public realm is well taken care of, with clean and well-maintained spaces throughout the city,” he said.

Click to subscribe to our newsletter – here