1. (a)&(b) KTVR is the operating company owned and managed by affected minibus owners in the Phase 1 area in Ekurhuleni. The National Department of Transport transfers funds to the Ekurhuleni Metropolitan Municipality under the Division of Revenue Act authorising conditional grants. The Ekurhuleni Metropolitan Municipality procures services utilising its own supply chain policies under the relevant legislation. One of these services is operating the interim Harambee Phase 1 contract which is performed by KTVR.
The operating contract related transfers to KTVR from the Ekurhuleni Metropolitan Municipality for the relevant years are as follows:
Financial Years |
Total Spend |
April 2021 to March 2022 |
R174 276 431,22 |
April 2022 to date |
0 |
Total Spend |
R174 276 431,22 |
2. Yes, Audited Financial Statements have been received from KTVR. The latest audited
Financial Statement on file with Ekurhuleni Metropolitan Municipality is for the year ending June 2021.