Tag Archives: North West MEC for Finance

Mosenogi to table adjustment budget for 2024/25 financial year

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Picture: North West MEC for Finance, Kenetswe Mosenogi

By REGINALD KANYANE

21 November 2024- North West MEC for Finance, Kenetswe Mosenogi will exercise legislative imperative and table the annual provincial adjustment budget for the 2024/25 financial year as stipulated by Section 31 (1) of the Public Finance Management Act 1 of 1999.

Mosenogi said the tabling of the Adjustment Budget, follows the recent tabling of the Medium Term Budget and Policy Statement (MTBPS) by Minister of Finance, Enoch Godongwana. She further said Section 31 (2) of PFMA stipulates that an adjustment budget of a province may only provide for the appropriation of funds that have become available to the province, unforeseeable and unavoidable expenditure recommended by the provincial Executive Council of the province within a framework determined by the Minister.

“This includes any expenditure in terms of Section 25. Money to be appropriated for expenditure already announced during my tabling of the annual budget. The shifting of funds between and within votes or to follow transfer of functions in terms of Section 42.

“The utilisation of savings under a main division within a vote for the defrayment of excess expenditure under another main division within the same vote in terms of Section 43 and the rollover of unspent funds from the preceding financial year,” said Moenogi.

She added that the adjustment budget aims to address budget pressures in key service delivery departments by redirecting funds to areas, where they are mostly needed. Mosenogi said the adjustment budget will be tabled at the North West Provincial Legislature on Tuesday at 9am.  

Members of the media are invited and encouraged to attend. Media practitioners are reminded to carry their Identity Documents as they are pre-requisite to gain access to legislature chambers.

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Ditsobotla under mandatory Financial Recovery Plan (FRP)

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Picture: The Ditsobotla Local Municipality

By BAKANG MOKOTO

28 August 2024- The Phase Four implementation of the Re-loaded Thuntsha Lerole Accelerated Service Delivery Programme was launched in Ditsobotla Local Municipality ON 23 August 2024. As part of this intensive programme that is geared towards improving service delivery, North West MEC for Finance, Kenetswe Mosenogi, held a crucial session with officials from the municipality.

The interaction focused on exploring viable solutions to the ongoing challenges faced by the municipality, particularly in light of its current financial crisis. As part of the Provincial Treasury’s intervention, the municipality has been placed under a mandatory Financial Recovery Plan (FRP) by the National Treasury, highlighting the urgent need for immediate and sustainable financial reform.

Mosenogi emphasized the importance of good governance, proper financial management, and robust revenue collection in ensuring that Ditsobotla can effectively serve its residents. She said it is imperative that the municipality adheres to the principles of accountability and transparency in managing public resources.

“Only through consistent and responsible financial practices, we can ensure that the people of Ditsobotla receive the reliable, consistent services they deserve. The Financial Recovery Plan, developed by the National Treasury Municipal Financial Recovery Service, is a binding instrument designed to restore Ditsobotla’s financial stability and enable it to meet its obligations.

“This plan is not merely a guideline but a crucial framework that will determine the municipality’s capacity to deliver essential services. Revenue collection is a key indicator of a functional municipality,” said Mosenogi.

She further said without it, the municipality cannot sustain its operations or deliver services effectively. Mosenogi added that failure to implement this recovery plan, will directly impede their ability to collect revenue, which in turn will compromise the ability to serve the people.

“In the spirit of patriotism and a deep love for Ditsobotla and its people, it is essential that the municipality implements proper internal controls. These controls are not just administrative measures, but vital tools that protect public resources, ensure their efficient use and support effective revenue collection.

“We must do things right, not just because we are required to, but because it is our duty to the people we serve. North West Provincial Executive, in accordance with Section 139 (5) of the Constitution and Section 143 of the Municipal Finance Management Act (MFMA), has resolved to intervene in Ditsobotla Local Municipality,” she said.

Mosenogi said the intervention aims to address the financial crisis and put the municipality back on a path of sustainable governance. She said the Provincial Treasury is committed to supporting Ditsobotla in this endeavour as mandated by Section 154 of the Constitution, which requires national and provincial governments to strengthen municipal capacity.

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