mpofana investments for 2021

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Mpofana investments for 2021

However, she refused to be drawn to comment on the earlier appointment of Ndobe as the deputy speaker of the KZN legislature. Ndobe was arrested on March 17 and detained for a week until charges were provisionally withdrawn against him, with the state citing a lack of sufficient evidence, on March After his appearance at the Umzimkhulu Magistrate's Court, following his release, Ndobe told the media that he "could be accused for anything, but definitely not murder or conspiracy to commit murder".

Register Sign In. South Africa. Sindiso Magaqa's widow relieved as murder accused are denied bail. Image: Orrin Singh. The men appeared in the Umzimkhulu Magistrate's Court on Tuesday. Meanwhile, police minister Bheki Cele welcomed the news.

Charges withdrawn against Harry Gwala mayor for Sindiso Magaqa's death The state withdrew a charge of murder against Harry Gwala district municipality mayor Mluleki Ndobe in the Umzimkhulu Magistrate's court on Monday. Next Article. Most read Education department confirms leak of matric science paper South Africa. Posted on July 9, Facebook Twitter Linkedin. Posted on July 6, Facebook Twitter Linkedin. Statistics South Africa ignites plan to count the entire population during Census Statistics South Africa Stats SA staff will be in the field conducting the Census Mini Test from 9 October to 6 November in selected areas around the country.

Posted on October 8, Facebook Twitter Linkedin. Posted on September 16, Facebook Twitter Linkedin. SA population reaches 58,8 million The estimated population of South Africa stands at 58,78 million, according to the recently released mid-year population estimates MYPE.

Posted on July 29, Facebook Twitter Linkedin. Posted on July 11, Facebook Twitter Linkedin. Posted on July 23, Facebook Twitter Linkedin. Posted on July 18, Facebook Twitter Linkedin. Posted on November 1, Facebook Twitter Linkedin. Posted on October 20, Facebook Twitter Linkedin. Report - Primary tables KwaZulu-Natal: Census and compared This publication consists of detailed tables from both Census and Census giving number and percentage information for each of 23 person and household variables broken down by sex and population group.

Umdoni Umdoni Municipality, with its base in Scottburgh, covers an area of square kilometres. Perhaps you should try again with a different search term. Search for: Search. My Municipality Municipal Profiles. Careers Vacancies Internship Bursaries. Stats SA is in the process of updating its database of all users.

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Mpofana Trends Average Property Price. Add Surrounding Suburbs Hayinyama 0. KwaMshibe 0. Mankayiyana 0. Mpofana 0. Oyengweni 0. Umvumase 0. About Mpofana Estate Agents in Mpofana. Property to rent in Eshowe. Property to rent in KwaZulu Natal. Eshowe Rural. Download the App. Your browser is out of date! It looks like you are using an outdated version of Internet Explorer.

Stay in touch. Login Sign Up Email. Stay signed in. Forgot your password? Capital spending includes spending on infrastructure projects like new water pipes or building a library. Underspending on a capital budget can lead to an under-delivery of basic services. This indicator looks at the percentage by which actual spending falls short of the budget for capital expenses. Persistent underspending may be due to underresourced municipalities which cannot manage large projects on time.

Municipalities should aim to spend at least 95 percent of their capital budgets. Failure to spend even 85 percent is a clear warning sign. Play Video. Click here to see more capital projects in this municipality. Infrastructure must be maintained so that service delivery is not affected. This indicator looks at how much money was budgeted for repairs and maintenance, as a percentage of total fixed assets property, plant and equipment.

This translates into a Repairs and Maintenance budget that should be 8 percent of the value of property, plant and equipment. Unauthorised expenditure means any spending that was not budgeted for or that is unrelated to the municpal department's function. An example is using municipal funds to pay for unbudgeted projects. Irregular expenditure is spending that goes against the relevant legislation, municipal policies or by-laws.

An example is awarding a contract that did not go through tender procedures. Fruitless and wasteful expenditure concerns spending which was made in vain and would have been avoided had reasonable care been exercised. An example of such expenditure would include paying a deposit for a venue and not using it and losing the deposit.

Note: Since calling expenditures unauthorised, fruitless and wasteful or irregular can involve quite a lot of debate, the numbers used are the restated audited amounts 18 months after the financial year end - part of the Medium Term Revenue and Expenditure Framework. The current ratio compares the value of a municipality's short-term assets cash, bank deposits, etc compared with its short-term liabilities creditors, loans due and so on.

The higher the ratio, the better. The normal range of the current ratio is 1. Anything less than that and the municipality may struggle to keep up with its payments. Liquidity ratios show the ability of a municipality to pay its current liabilities monies it owes immediately such as rent and salaries as they become due, and their long-term liabilities such as loans as they become current.

Municipalities don't manage to collect all of the money they earn through rates and service charges. This measure looks at the percentage of new revenue that a municipality collects. It is also referred to as the Current Debtors Collection Ratio. The more a municipality is able to generate its own income, the more self-sufficient it is.

Municipalities should not be too reliant on transfers and grants from other spheres of government. This shows how much of a municipality's income it is able to generate itself through property rates, service charges, etc , compared with how much it receives as transfers and grants from national government. Employee-related costs are typically the largest portion of operating expenditure, but they should not grow so large that they threaten the sustainability of the operating budget.

Municipalities must guard against spending too much on staff while also making sure they have the people they need to deliver services effectively. Private contractors are sometimes needed for certain work, but they are usually more expensive than municipal staff. This should be kept to a minimum and efforts should be made to provide services in-house, where possible.

Contact Details mayorduma. Municipal Manager. Contact Details cfo. Contact Details Secretary. Chief Financial Officer. Contact Details last updated: October Compare this municipality with another:. A quick introduction to Municipal Finance. Financial Performance Audit outcomes Disclaimer of opinion Read report. Source: Municipal Audit Reports.

Did you know? There are 5 types of audit outcomes. Learn about audit outcomes. Unqualified Opinion No Findings The Auditor-General can state, without reservation, that the financial statements of the municipality fairly represent the financial position of the municipality and are in line with Generally Recognised Accounting Practices GRAP.

Unqualified Opinion Emphasis of Matter Items Same as an Unqualified Opinion with no findings, but the Auditor-General wants to bring something particular to the attention of the reader. Qualified Opinion The Auditor-General expresses reservations about the fair presentation of the financial statements. There is some departure from the Generally Recognised Accounting Practices GRAP but is not sufficiently serious as to warrant an adverse opinion or disclaimer of opinion.

Disclaimer of Opinion The Auditor-General does not have all of the underlying documentation needed to determine an opinion. For example, the lack of underlying documentation and the amounts in question may be so great so that it is impossible to give any opinion on all. An Outstanding Opinion Means that the Auditor General raised queries with the municipality and therefore has not submitted another opinion.

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We strongly urge you to update to a newer version for optimal browsing experience. Get Email Alerts. No properties found. Property Alerts Be the first to see new properties to rent in Mpofana. Top Articles Freehold vs Sectional Title Homes Preferred property type among first-time buyers shifts Demand for space has seen a shift towards freehold homes and two and three-bedroom sectional title units, according to industry data. Want your first home loan application to be successful? SA's major banks share advice We asked SA banks to share their latest insights and advice on first-time home loan applications.

Emerging property trends for Low interest rates will continue to drive the market Industry experts share their insights into trends shaping the property market outlook for the new year ahead. Mpofana Trends Average Property Price. Add Surrounding Suburbs Hayinyama 0. KwaMshibe 0. Mankayiyana 0. Mpofana 0. Oyengweni 0. Umvumase 0. About Mpofana Estate Agents in Mpofana. Property to rent in Eshowe. Property to rent in KwaZulu Natal. Employee-related costs are typically the largest portion of operating expenditure, but they should not grow so large that they threaten the sustainability of the operating budget.

Municipalities must guard against spending too much on staff while also making sure they have the people they need to deliver services effectively. Private contractors are sometimes needed for certain work, but they are usually more expensive than municipal staff.

This should be kept to a minimum and efforts should be made to provide services in-house, where possible. Contact Details mayorduma. Municipal Manager. Contact Details cfo. Contact Details Secretary. Chief Financial Officer. Contact Details last updated: October Compare this municipality with another:.

A quick introduction to Municipal Finance. Financial Performance Audit outcomes Disclaimer of opinion Read report. Source: Municipal Audit Reports. Did you know? There are 5 types of audit outcomes. Learn about audit outcomes. Unqualified Opinion No Findings The Auditor-General can state, without reservation, that the financial statements of the municipality fairly represent the financial position of the municipality and are in line with Generally Recognised Accounting Practices GRAP.

Unqualified Opinion Emphasis of Matter Items Same as an Unqualified Opinion with no findings, but the Auditor-General wants to bring something particular to the attention of the reader. Qualified Opinion The Auditor-General expresses reservations about the fair presentation of the financial statements.

There is some departure from the Generally Recognised Accounting Practices GRAP but is not sufficiently serious as to warrant an adverse opinion or disclaimer of opinion. Disclaimer of Opinion The Auditor-General does not have all of the underlying documentation needed to determine an opinion. For example, the lack of underlying documentation and the amounts in question may be so great so that it is impossible to give any opinion on all.

An Outstanding Opinion Means that the Auditor General raised queries with the municipality and therefore has not submitted another opinion. Show calculation. Play video. Reference: State of Local Government Finances. Cash Coverage July - June 9 days.

Months of operating expenses can be paid for with the cash available. Spending of Operating Budget July - June 6. Difference between budgeted operating expenditure and what was actually spent. Reference: Over and under spending reports to parliament. Spending of Capital Budget July - June Difference between budgeted capital expenditure and what was actually spent. Show More. Play Video Click here to see more capital projects in this municipality. Spending on Repairs and Maintenance July - June 0.

Reference: Circular Fruitless and Wasteful Expenditure July - June Unauthorised, Irregular, Fruitless and Wasteful Expenditure as a percentage of operating expenditure. Current Ratio July - June 0. The value of a municipality's short-term assets as a multiple of its short-term liabilities. Liquidity Ratio July - June 0. The municipality's immediate ability to pay its current liabilities.

Reference: Municipal Budget and Reporting Regulations. The percentage of new revenue generated within the financial year that a municipality actually collects. Income Where does Mpofana get its money from? Show source.

Reference: Local Government Equitable Share. Where money comes from. Staff salaries and wages as a percentage of operating expenditure. Contractor Services July - June 2. Costs of contractor services as a percentage of operating expenditure.