Nelson Mandela Bay's governing coalition scrambles to retain power
9 July 2019
Marathon meetings by the Nelson Mandela Bay governing coalition are being planned for Tuesday after the City failed to meet a national treasury deadline to appoint a chief financial officer (CFO) or forfeit its R600m grant roll-over.
The City was unable to spend its capital budget in its entirety by the end of the 2018/19 financial year that concluded on June 30.
It also just managed to pass its budget for the next financial year last month, but still needs to appoint a CFO in the metro.
The fight for the appointment of a CFO has led to a stand-off between the governing coalition, which includes the ANC, UDM Mayor Mongameli Bobani and the DA-led opposition coalition.