Limpopo Municipalities That Invested in VBS Bank under the Spotlight

Press Releases

Parliament, Wednesday, 9 October 2019 – The Portfolio Committee on Cooperative Governance and Traditional Affairs (CoGTA) will over the next two days’ visit municipalities in Limpopo province to ascertain the state of service delivery in those municipalities.

Of major focus will be municipalities that invested in the Venda Mutual Bank (VBS) and those municipalities that have received repeated disclaimer audit opinions. The objective of these interactions are to ascertain the impact of the investments on those municipalities, amounts invested, amounts recovered and what consequence management actions have been taken against relevant officials involved and the impact on the municipalities capacity to deliver services.

On the first day, the committee will interact with the MEC of Cooperative Governance, Human Settlements and Traditional Affairs, and Mr Basikopo Makamu, to get an overview of the state of municipalities and service delivery in the entire province.

Following the engagement, the Committee will proceed to meetings with Mopani District and Greater Giyani Local Municipality. In the afternoon the committee will meet Vhembe District, Makhado and Collins Chabane Local municipalities on their investment into VBS.

On Friday, the committee will hold a public meeting with stakeholders including traditional leaders, ward councillors, civic organisations and rate payers’ associations in Thohoyandou to get first hand experiences on the impact of the investments on overall service delivery.

Thursday, 10 October 2019
08:00 – 08:45 
Meeting with the Office of the Auditor-General of South Africa – overview of the audits of municipalities in Limpopo

09:00 – 11:00
Briefing by the MEC of Cooperative Governance, Human Settlements and Traditional Affairs on the state of local government in the province

Drive to Mopani

13:00 – 15:00
Meeting with Mopani District Municipality and Greater Giyani Local Municipality

Drive to Thohoyandou

16:30 – 19:00
Meeting with the following municipalities on their investment in VBS:
  • Vhembe District Municipality;
  • Makhado Local Municipality; and
  • Collins Chabane Local Municipality
 32 Dimitri Cresent, Platinum Park, Bendor



MECs Offices Polokwane




Mopani District Municipal Chamber


Vhembe District Municipal Chamber



Friday, 11 October 2019
09:00 – 12:00
Public Engagement with traditional leadership, ward councillors, civic organisations, rate payers associations in Thohoyandou
Vhembe District Municipal Chamber



ISSUED BY THE PARLIAMENTARY COMMUNICATION SERVICES ON BEHALF OF THE CHAIRPERSON OF THE PORTFOLIO COMMITTEE ON COOPERATIVE GOVERNANCE AND TRADITIONAL AFFAIRS, MS FAITH MUTHAMBI. 

For media enquiries or interviews with the Chairperson, please contact the committee’s Media Officer:
Name: Malatswa Molepo (Mr)
Parliamentary Communication Services
Tel: 021 403 8438
Cell: 081 512 7920
E-mail: mmolepo@parliament.gov.za