MEC Kenetswe Mosenogi champions investment opportunities as North West Province shines at the AFSIC Investing in Africa Summit.
In an endeavor to develop and fortify international economic diplomacy, The MEC for Finance Kenetswe Mosenogi participated in the prestigious AFSIC Investing in Africa 2024 Summit held in London. Over three days, MEC Mosenogi engaged with global investors and stakeholders, showcasing the province’s potential as a prime investment destination. During her time at the summit, MEC Mosenogi took to the podium, effectively putting the North West Province in the spotlight. She emphasized the province’s readiness and eagerness to welcome investors, highlighting key sectors that promise growth and profitability. From agriculture to mining and tourism, the North West offers a wealth of opportunities that can significantly contribute to…
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North West Provincial Treasury Committed to Driving Financial Governance and Service Delivery through Strategic Planning
The North West Provincial Treasury successfully concluded its two day strategic planning session for 2024/25 financial year, reaffirming its commitment to improving financial governance, enhancing resource management, and supporting sustainable development across the province. The strategic planning session took place on 16 and 17th October in Mahikeng. In line with the priorities of the Seventh Administration, the department remains focused on ensuring sound financial practices and aligning provincial efforts with the goals set out in the National Development Plan (NDP) 2030. Through strategic planning and as mandated by the Public Management Act (PFMA), the provincial treasury aims to strengthen financial oversight, promote transparency, and drive innovation to…
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NORTH WEST PROVINCIAL TREASURY HIGHLIGHTS PROGRESS IN MUNICIPALITY AUDIT OUTCOMES
[Mafikeng] — The North West Provincial Treasury is pleased to announce significant progress in the audit outcomes of the North West municipalities as highlighted in the Auditor General’s 2022-23 report. Auditor General Tsakani Maluleke’s recent presentation to Parliament underscores a noteworthy achievement: eighteen (18) municipalities, including several in North West, have successfully moved out of the negative audit category. This progress is a testament to the concerted efforts and enhanced support from provincial and national governments. Of the twenty-two (22) municipalities, twenty-one (21) submitted Annual Financial Statements for the 22/23 financial year except Ditsobotla Local Municipality. Three (3) municipalities, namely; Dr Kenneth Kaunda, City of Matlosana and…
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“Moretele municipality not worse off”
Despite a few areas of concern, the Provincial Treasury and the Co-operative Governance and Traditional Affairs (COGTA) departments have expressed optimism about Moretele Local Municipality. They noted that the municipality has demonstrated pockets of excellence and stands a better chance of achieving a clean audit in the future. Moretele has improved its audit outcome, moving from a qualified audit in the 2021/22 period to an unqualified opinion in 2022/23. This progress was highlighted during a municipal roadshow, undertaken by the two departments to provide feedback to municipalities based on their assessments of financial performance, accountability, and governance matters. Addressing the administrative and political leadership, the MEC for…
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MEC FOR FINANCE: KENETSWE MOSENOGI ENGAGES THE NORTH WEST PROVINCIAL EXECUTIVE REPRESENTATIVES ON MUNICIPAL FINANCIAL RECOVERY PLANS.
In concerted efforts to address financial challenges within provincial municipalities, MEC Kenetswe Mosenogi engaged with the Provincial Executive Representatives (PERs) from several municipalities, including Naledi, Mamusa, Dr. Ruth Segomotsi Mompati, Ditsobotla, Ramotshere Moilwa, Tswaing, Kgetlengrivier, Madibeng, Maquassi Hills, and the City of Matlosana. These PERs, appointed by the Executive Council, are pivotal in supporting municipalities to implement Financial Recovery Plans (FRPs) as strategized by the National Treasury. During the engagement, MEC Mosenogi emphasized the importance of prioritizing the needs of marginalized and impoverished communities, urging the PERs to ensure the successful implementation of the FRPs. She further reiterated the importance of this approach by underscoring that it…
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MEC Kenetswe Mosenogi emphasizes good governance, proper financial management, and revenue collection for the people of Ditsobotla
The Phase Four (4) implementation of the Re-loaded Thuntsha Lerole Accelerated Service Delivery Programme was launched on 23rd August in Ditsobotla Local Municipality. As part of this intensive programme that is geared towards improving service delivery, MEC Kenetswe Mosenogi held a crucial session with officials from Ditsobotla Local Municipality at the municipal chambers and 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…
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