Three chartered accountants will be deployed to take over financial management of Matlosana Local Municipality by the end of this week, the North West Provincial Executive Council (Exco) noted in its meeting held in Mahikeng on Wednesday.
The deployment announced by MEC for Local Government and Traditional Affairs, Manketsi Tlhape follows the concurrence granted by the Minister of Cooperative Governance and Traditional approving Section 139(b) intervention by the province in Matlosana, Ditsobotla and Maquassi Hills Local Municipalities.
As per earlier Exco resolution, the intervention to support and strengthen Matlosana Local Municipality to rescue it from collapse will be limited to control of finances.
An assessment that was conducted by the Provincial Department of Local Government and Traditional Affairs in terms of the local government turnaround strategy had established that there is a lack of management and leadership capacity in the Budget and Treasury Office resulting in poor financial management and administration of the municipality’s finances.
