{"id":49444,"date":"2021-01-21T08:23:16","date_gmt":"2021-01-21T06:23:16","guid":{"rendered":"https:\/\/novanews.co.za\/udexpress\/nmb-increases-investment-by-more-than-billion-rand-20210120-2\/"},"modified":"2025-03-21T08:56:41","modified_gmt":"2025-03-21T06:56:41","slug":"nmb-increases-investment-by-more-than-billion-rand-20210120-2","status":"publish","type":"post","link":"https:\/\/novanews.co.za\/udexpress\/nmb-increases-investment-by-more-than-billion-rand-20210120-2\/","title":{"rendered":"NMB increases investment by more than billion rand"},"content":{"rendered":"\n
\n
\"Electricity\"

<\/p>\n

The removal of illegal electricity connections at informal settlements forms part of the accelerated electrification of shacks project that MMC Namette launched last week.Photo: SUPPLIED<\/div>\n
<\/span><\/span><\/div>\n<\/div>\n<\/div>\n\n\n\n

WITHIN the first month of taking office Nelson Mandela Bay\u2019s new Coalition of Good Governance has managed to increase the metro\u2019s investments by more than a billion rand.<\/p>\n\n\n\n

According to mayoral spokesperson Morn\u00e9 Steyn, this follows after National Treasury released R1.4 billion in grant funding to the municipality after the election of a permanent executive mayor on 4 December 2020. <\/p>\n\n\n\n

\u201cThe municipality\u2019s investment portfolio \u2013 which stood at R2.14 billion at the end November 2020 had increased to R3,5 billion by 31 December 2020. This money has been invested and will be used to ensure service delivery to residents,\u201d said Steyn.<\/p>\n\n\n\n

\u201cWe will also ensure that previously marginalised communities \u2013 such as the Northern Areas, Uitenhage and Despatch \u2013 will get the care and services they deserve. We will ensure that the contractors appointed deliver services at market rate and that the municipality gets value for money.\u201d<\/p>\n\n\n\n

According to a media statement issued by the Nelson Mandela Bay Municipality Communications Office, the previous ANC led government did all in its power not to have a permanent mayor elected, even though the election of a mayor was a prerequisite required by National Treasury to release the R1.4 billion in grant funding.<\/p>\n\n\n\n

\u201cIn November 2020 it was announced that the Metro had permanently lost R503 million when National Treasury refused the rollover of unused grant funding from the 2019\/2020 financial year. These funds were earmarked for, amongst others, infrastructure development and drought mitigation measures.<\/p>\n\n\n\n

\u201cThe previous ANC government must take full responsibility for this devastating financial blow that was dealt to residents,\u201d said Steyn.<\/p>\n\n\n\n

Fixing of traffic lights, potholes and <\/strong> <\/p>\n\n\n\n

street lights<\/strong> <\/p>\n\n\n\n

The Coalition of Good Governance will now ensure that the recently received R1.4 billion in grant funding will be spent on stabilising Nelson Mandela Bay by making budget available for service delivery. This funding is earmarked for, amongst others, urban settlement development, financial management, infrastructure skills development, integrated city development, the public transport network and the expanded public works programme.<\/p>\n\n\n\n

\u201cService delivery budgets were insufficient and this government will be topping up these budgets to improve the lives of residents. <\/p>\n\n\n\n

\u201cPositive steps have already been taken. A prime example is the budget virement of R8.2 million signed off last week to repair 8 000 to 10 000 potholes over the next two months, traffic lights that are being fixed and road markings being painted. <\/p>\n\n\n\n

\u201cFunds are also being made available to buy new light bulbs for street lights and water and electricity infrastructure is being repaired across the metro,\u201d said Steyn.<\/p>\n\n\n\n

Illegal electricity connections<\/strong> <\/p>\n\n\n\n

Nelson Mandela Bay is currently experiencing serious challenges of illegal electricity connections and cable theft.<\/p>\n\n\n\n

Member of the Mayoral Committee(MMC) for Electricity and Energy, Councillor Luxolo Namatte has embarked on a programme to partner with communities to stop these illegal acts.<\/p>\n\n\n\n

Part of the programme includes formal electrification of shacks, identification and cutting down of illegal cables. <\/p>\n\n\n\n

Issued by NMBM Communications Office<\/p>\n","protected":false},"excerpt":{"rendered":"

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