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As corporates offloaded their art collections, many in the legal fraternity continued to build theirs. We take you inside their eclectic treasure troves. ....
Msunduzi Municipalityâs debt approaches âcrisis levelâ By Thami Magubane The consumer debt is now standing at R5 billion. Durban: The Msunduzi Municipalityâs ballooning consumer debt is a strategic risk and a threat to the municipalityâs viability. That is the warning from the Cityâs audit committee which was contained in its report tabled before a full council meeting on Wednesday. The consumer debt is now standing at R5 billion. Councillors have repeatedly warned in the past that the debt was approaching a crisis level. The audit committee report covered the state of the municipality over the past six months. ....
Msunduzi managers under fire for ânot doing their jobsâ By Thami Magubane Share Durban â Senior Msunduzi Municipality managers are facing calls they be disciplined by council following accusations they were not doing their jobs. For months, senior managers from different business units have allegedly failed to submit important reports to the internal audit unit and the audit committee. The reports are essential to understanding the performance of the municipality. In a report to council, municipal manager Madoda Khathide said the senior managers were employed by council and council should discipline them. Concerns were also raised some business units may not be fully addressing the administrative or compliance issues raised by the internal audit. ....