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MOSSEL BAY NEWS AND VIDEO - Governance ratings agency Ratings Afrika has just announced the results of its Municipal Financial Sustainability Index (MFSI™) for the Western Cape municipalities. The latest results are for the fiscal year ended June 2019.

Municipal Manager Adv Thys Giliomee explained the benefit of this rating to both Mossel Bay residents and potential investors.

Being rated the best in the Western Cape means residents are assured of the municipality’s ability to develop and maintain the infrastructure necessary to consistently deliver the necessary services to the high levels they have become accustomed to. Mossel Bay has consistently achieved high marks in the Ratings Afrika index. The top score reflects sound long term development planning, financial management policies and discipline by the leadership of Mossel Bay.

Investors and potential investors are assured of an effective local government with well sustained world-class municipal infrastructure and services that makes it the obvious choice as a destination for tourism, retirement, business and investment. The recent gas discovery, off the coast, adds to the mix. International companies are increasingly investing in Mossel Bay.

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“Mossel Bay Municipality took several steps and measures to ensure good governance. This include a long-term strategic financial plan to ensure financial sustainability. Strict financial discipline ensures that this Long-Term Strategic Financial Plan is adhered to. We implemented several anti-fraud and anti-corruption measures. We are fortunate to have good leadership with political as well as administrative stability,” Municipal Manager Adv Thys Giliomee told the Mossel Bay Advertiser.

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