German Municipalities Left Reeling By Greensill Scandal By Jean-Philippe LACOUR
03/17/21 AT 11:13 AM
In Emmerich, a small German town on the banks of the Rhine, Mayor Peter Hinze fears that his town is about to lose six million euros ($7.1 million) almost overnight. It s hugely frustrating, he tells AFP, adding that the 30,000-person town is preparing to lose around a third of its available funds.
Emmerich is one of dozens of German communities set to lose millions of euros which they had banked with the Bremen-based subsidiary of British financial group Greensill, now suspected of fraud and on the brink of collapse.
Taking action on consumer waste supports jobs, economy
Alberta’s government is launching formal consultations to design a made-in-Alberta solution to plastic, packaging, and hazardous household waste.
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Alberta’s government is seeking ways to better manage this waste through a circular economy approach –an extended producer responsibility (EPR) program that will reduce volume in our landfills and diversify the economy. Under this approach, the cost and management of recycling shifts from municipalities and municipal taxpayers to those directly producing and consuming goods, encouraging companies to produce less waste and packaging and come up with innovative ways to recycle more materials.
Eskom: Municipalities owe us R35bn and we want that money The power utility presented the state of its systems at Megawatt Park on Monday. FILE: Eskom CEO André de Ruyter at a briefing at Megawatt Park on 31 January 2020. Picture: Eyewitness News.
The power utility presented the state of its systems at Megawatt Park on Monday.
CEO Andre de Ruyter said illegal connections also threaten to cause explosions and fires due to overloading.
“As of 31 January this year, municipalities owed Eskom an amount of R35.2 billion, which is an unsustainable situation.”
De Ruyter said a partnership model was in the making: “And will involve Eskom assisting those municipalities to operate their distribution networks, install prepaid meters, assist in revenue collection and carry out much-needed maintenance in those municipal distribution networks.”
Forum planned concerning SAPA zoning ordinance updates yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
A bench headed by Justice R.F. Nariman said entrusting additional charge of state election commissioner to a government official is a mockery of the Constitution. The bench emphasized that a compromise on the independence of the Election Commission (EC) is not acceptable, and only independent persons should be the election commissioners. The