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You are here: Home / News / Poor Financial Management Makes Tshwane’s Plan for Affordable Housing Risky

Poor Financial Management Makes Tshwane’s Plan for Affordable Housing Risky

9 March 2026 by Guest

The Tshwane Metro’s plan to soon conclude an agreement with the Social Housing Regulatory Authority (SHRA) to promote affordable rental housing may seem positive at first glance, but the Metro’s poor track record when it comes to project and financial management makes it a risky undertaking. Examples include the incomplete Clarina housing development, R336 million […]

The post Poor financial management makes Tshwane’s plan for affordable housing risky appeared first on Freedom Front Plus.

The Tshwane Metro’s plan to soon conclude an agreement with the Social Housing Regulatory Authority (SHRA) to promote affordable rental housing may seem positive at first glance, but the Metro’s poor track record when it comes to project and financial management makes it a risky undertaking.

Examples include the incomplete Clarina housing development, R336 million in irregular expenditure in addition to ongoing problems with rental collection. These failures point to deep-rooted shortcomings in the Metro’s internal management systems.

On top of that, contraventions of the Municipal Finance Management Act (MFMA) – particularly relating to supply chain management – have further exposed the lack of contract oversight and irregular procurement practices.

Unless the Metro Council intensifies its internal control measures, stabilises leadership and complies with MFMA requirements, a binding agreement with the SHRA will expose Tshwane to serious financial and legal risks.

Freedom Front Plus Economic Policy: The FF Plus promotes free market principles and economic freedom.

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Category: NewsTag: agreement, Freedom Front Plus, Political Party, Politics, Pretoria, Tshwane

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Reader Interactions

Comments

  1. Icedog

    5 September 2026 at 6:35 pm

    What do you call an Afrikaans guy that squeezes chickens?

    Hendrik.

  2. Austin Shamrock

    1 September 2026 at 1:50 am

    The Man who could only Drink Milk

    I know an old man who had lived a life full of adventure, but his health started to catch up with him. He\’d run the Boston Marathon, was an avid surfer, and climbed Everest, but he\’d started to have abdominal pains around his 85th birthday and went to see a doctor. Sadly, he ultimately was diagnosed with a rare degenerative liver disease that slowly made him allergic to everything he ate.

    He kept copious notes, and as an avid gastronomist slowly grew to despair as everything he\’d spent his life enjoying became something he could no longer eat. Alcohol went first, then mushrooms, then bread, then root vegetables, then coffee, one at a time he had to remove them from his diet. The doctor was clear: if he kept eating something his liver rejected the autoimmune response would be quick and severe, and would lead to a painful death. Little by little, everything was taken away as an option, until the only thing that remained was milk.

    In some ways, this actually made life easier, because the mental strain of remembering what he could and couldn\’t eat was gone, but then so was the joy in variety. But he took it in stride, and got his own cow and took classes from a farmer to learn everything he could about the only thing that could give him sustenance. And even within milk, he could still have yogurt, butter, cream, some cheeses, and other milk-derived products he hadn\’t fully rejected yet, so it wasn\’t all bad. But then one day a few months later he felt the pain again, and he knew cow\’s milk was no longer an option.

    Lacking other options, he tried goat\’s milk, and he was delighted that it worked! The protein structure is just different enough that his body still tolerated it. That bought him another month. And that\’s when we came up with a wonderful plan to go on one last grand adventure around the world. If he could get one month of life out of the milk of every mammal, he\’d actually have a few more years to enjoy life to the fullest and see the world in all its beauty. Each month, we\’d pick a place with a new mammal, and he would immerse himself fully with the locals, learn all the ways to prepare the milk, and just enjoy the hand he had been dealt as much as he could.

    We milked sheep in New Zealand. Camels in Egypt. Zebras in South Africa. Giant bats in Indonesia. Do you know how many Peruvian cuy you need to milk to get a single glass? I do. Even as his health slowly faded, he stayed cheerful, and I felt lucky to join him on the adventure of a lifetime. That brings us to today when he got to the very end of his spreadsheet, and declared that he was now allergic to every mammal. He\’d enjoyed his journey, but his time had come to an end, for there was nothing left to milk.

    To which I said nonsense, I bet we can milk a few thousand karma out of this post.

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