Durban – Work on the Integrated Rapid Public Transport Network (IRPTN) in Pietermaritzburg may be halted as the Msunduzi Municipality needs to find more than R100million to pay for work that is currently under way.
The total value of the work currently under way is valued at around R240m.
The municipality successfully applied to National Treasury for a roll-over of around R90m that had not been used and now needs to raise about R150m from its own internal funds to be able to pay for this work on the Moses Mabhida Road.
It admitted recently that between the months of August and June, the contractors had not been paid.
Last week, administrator of the municipality Scelo Duma stated the municipality was struggling financially.
The project has been plagued by extensive delays and poor spending, which