Mongameli Bobani's R500m pledge to SMMEs a 'political promise'

The National Treasury says a pledge by Nelson Mandela Bay mayor Mongameli Bobani that almost R500m will be flowing to SMMEs over the next three years was just a “political promise”, with the decision not endorsed by the city's council.

Despite the Treasury's belief, Bobani signed a letter on October 9 with the metro SMME's Forum detailing that work worth R486m will be flowing to the businesses from November 1...

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