Jul 2016 1st Edition

Nelson Mandela Bay has big plans

Written by Siya Mti

Local government

Delivering his State of the City Address in Port Elizabeth recently Nelson Mandela Bay Municipality Executive Mayor Dr Danny Jordaan described a city that is transforming and improving on its governance and service delivery.

Nelson Mandela Bay Municipality Executive Mayor Dr Danny Jordaan says the city’s residents are enjoying improved service delivery.Jordaan admitted to inheriting “an incapacitated administration ... with various forensic audits pointing to a series of inadequacies.”

Despite the grim outlook of the City’s 2015/16 budget, which revealed a potential deficit of R439 million over the medium-term, Nelson Mandela Bay now boasts a sizeable surplus and has earned itself a Moody’s upgrade at a time of uncertainty about general economic prospects nationally.

The “12 game-changers in 12 months” of his administration included an improved credit rating, which will boost investment promotion.

“Since taking office, a number of investment programmes have been secured, including Beijing Automobile International Corporation, which is to build an R11 billion vehicle manufacturing plant and is set to create 2 500 direct jobs and thousands of indirect ones,” said Jordaan.

Other investments include a R1.8 billion expansion by pharmaceutical company Aspen which created 497 jobs and a Logistics Park investment valued at R327 million, with 751 jobs created and expansion to Phase 2 now being considered, said Jordaan.

“Our city now has R2 billion in cash reserves. Our credit rating (by Moody’s) has jumped three notches [to] AA1ZA,” said Jordaan.

The city – which includes Uitenhage and Despatch – was on a steady path to tackle corruption and mismanagement, he said.

“Financial controls are in place and we have delivered a transparent tender system. We have created a sound base for economic growth and job creation, entrenched good governance and accountability for performance within the city - both at political and administrative levels.”

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