Audited profile · year ended 30 June 2024
Raymond Mhlaba
Eastern Cape · Municipality EC129
Latest audit outcome
Qualified
Read the Auditor-General's reportFinancial year ended 30 June 2024
Three figures to check
Cash cover
0.0 months
How many months of operating costs the municipality could cover with cash held at year-end.
Capital budget variance
40.5% under
How actual capital spending compares with the adjusted budget.
UIFW spending share
4.52%
Unauthorised, irregular, fruitless and wasteful spending as a share of operating spending.
Audited money figures
Income, spending and debt
Income and spending · 2025
R686m income
R558m spending
View the breakdown by category and yearCapital spending · 2025
R58m
Spending on new assets, renewals and upgrades.
View capital spending by serviceAmounts owed · 2025
R1.6bn
77% is over a year old.
View amounts owed by service and ageCash flow · 2025
Cash fell by R829m
See cash receipts and paymentsRecent history
Four audited years
| Year ended | Audit outcome | Cash cover | Capital budget variance | UIFW share |
|---|---|---|---|---|
| 2024 | Qualified | 0.0 months | 40.5% under | 4.52% |
| 2023 | Qualified | 0.0 months | 7.4% under | 24.2% |
| 2022 | Qualified | 1.4 months | Not available | 28.46% |
| 2021 | Qualified | 0.2 months | Not available | 7.62% |