Rural must go - Treasury

MAFUBE: FAMILY-OWNED BUSINESS TO HAVE CONTRACT REVIEWED

- Antoinette Slabbert

Despite the efficiency with which family-owned business Rural Maintenance manages the electricity supply on behalf of the Mafube municipality in the Free State, National Treasury wants its contract reviewed with a view to terminating it.

This recommendation is contained in a mandatory Financial Recovery Plan the Treasury drafted for the municipality, which Rural Maintenance has taken on review in the high court. Moneyweb has read the plan.

As part of the discovery process in preparation for the court hearing, Rural requested the record on which Treasury based its recommendation, but Treasury is fighting to keep it under wraps.

Rural succeeded with a high court application to get access to the documents late last year, but Treasury lodged an application for leave to appeal. This application was dismissed last week as having little prospect of success.

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