Ntuli warns KZN govt ‘cash-strapped’
Premier Thami Ntuli says KwaZulu-Natal is severely limited financially.
Presenting his 100 days in office report on Tuesday, Ntuli said their analysis shows a rise in spending and a dip in revenue.
"The KZN provincial government has limited financial resources, meaning that we will not do everything that was promised within the anticipated timeframe, however, we will ensure that we improve integration at planning and implementation so that we use resources in a smart way."
RED: Ntuli: Massive budget cuts needed to pay off debt
He said departments should look at ways to improve their revenue raising and collection.
"In an attempt to address this at the Executive level we agree that the Provincial Treasury together with Heads of Department, who are charged to account and find opportunities to enhance collection efficiency, review of rates in their respective portfolios to close this unhealthy gap.
"Undoubtedly, we encourage both Provincial Treasury and Heads of Department to look for unconventional sources of revenue, alternative funding models, public-private partnerships, or leveraging natural resources sustainably to have solid public finances."
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