NELSON Mandela Bay’s multimillion-rand bus system is broke.
Not only has the municipality had to put all new contracts related to the system on hold for the next four months, it can also not complete construction projects already under way.
The municipality has still not received a response to its application for more money from the National Treasury, submitted in August.
It wants an additional R393-million, after receiving R230-million from the Treasury for its 2014-15 capital and operating budgets.
By December, six months into the financial year, the budget for the Integrated Public Transport System (IPTS) was already R7million in the red.
-Rochelle de Kock
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