Statement by Gauteng MEC for Economic Development, Firoz Cachalia, following his response to the parliamentary question

In the light of the nature on some of the reporting following my response to the parliamentary question (Response to question posed by legislature on fees paid to non-executive members of Blue IQ, 25 May 2010) I wish to state that I have full confidence in the members of the Board of Blue IQ, and in the competence of the board.

I also wish to express my appreciation for the diligence with which the board and the management team have addressed the challenges faced by Blue IQ over the last 12 months. I make particular reference to the steps taken to align Blue IQ’s work with the mandate of the shareholder, to improve financial management, clearing 227 audit queries and to simplify the corporate structure.

I believe that this progress will be demonstrated in the next audit opinion of the Auditor-General.

For more information contact:
Mandla Radebe
Tel: 011 355 8703/8716
Cell: 083 288 8915
E-mail: mandla.radebe@gauteng.gov.za

Province

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