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Rural areas: FREE • Platteland: GRATIS
23 Augustus 2013
Fear lessl y the tr uth
Snubbed GTM
1st
Adriaan Maebane
o.16
Tiaan Vorster
o.15
Stefan Engelbrecht
Captain, my captains! Achievement and glory is within the grasp of the three Vossie teams that will play in the final of the Beeld trophy tomorrow. Will they rise to the occasion on home soil and make yet more rugby history, or will the teams from Read more on page 24 afar spoil the fun?
Tzaneen’s financial problems are mounting to such an extent that urgent growth and development could be compromised. Following the disclaimer that the GTM recently got from the AuditorGeneral (which in itself is bad news), the international credit ratings company Moody’s Investors Service has withdrawn the long-term national scale issuer ratings of Greater Tzaneen and nine other municipalities. When it made the announcement, Moody’s said it withdrew the ratings for business reasons. It said the ratings carried a negative outlook, which reflected systemic risk from SA’s sovereign ratings.
Asked whether the municipalities could still apply for loans, Efficient Group economist Merina Willemse said that anybody could apply for a loan, but the interest charged could be higher if a bank thought the risk was greater. The other municipalities involved are Breede Vallei, George, Knysna, Lephalale, Maluti-A-Phofung, Matlosana, Sol Plaatje, Swartland and uMgeni. Moody’s did not give further details on its decision. A rating could be withdrawn due to a lack of essential data pertaining to the issue or issuer, among other reasons. The withdrawal may occur if new and material circumstances arise which preclude satisfactory analysis.
Katryn Barwise van Tzaneen (links) is aangewys as derde prinses in die landwye Miss Earth SA-kompetisie. Sy is ook aangewys as Miss Earth Fire, ‘n onderafdeling van die Miss Earth-titel. Vir haar onvermoeide ywer om die planeet te help oorleef is sy beloon met die Green Globe Award en sy het ook die Public Choice-toekenning verower.
Ezri Hugo van Tzaneen het puik gevaar by die onlangse Limpoporitmiese gimnastiekkampioenskappe en haar provinsiale kleure verwerf. Lees die res van die storie op bladsy 24.
Inside today:
Lesers se briewe op bl 6
Next week: