Cape Agulhas Municipality
Cape Agulhas Municipality
The Cape Agulhas Municipality is committed to clean administration, good governance and investing its scares resources in the right place in terms of its legislative mandate.
The Municipality’s overall financial position remains sound due to positive cash balances at:
- year-end;
- the net surplus;
- favourable liquidity and solvency positions; and
- as well as the municipality’s ability to effectively manage its working capital.
The capital expenditure has remained over 90% for the last three years, and even managed to maintain this spending during the COVID-19 Pandemic.