DA Speeches Council 29 January 2009 - Housing

SPEECH BY CLLR VICKEY BOSCH

COUNCIL MEETING THURSDAY, 29 JANUARY 2009

Tshwane Housing Board

Mr Speaker,

Strategic objective no. 5 of the City of Tshwane is to ensure good governance, financial viability and optimal institutional transformation with the capacity to execute its mandate.

To this end, the City of Tshwane wishes to appoint 8 members to the Board of Directors of the Housing Company Tshwane.

Great care was taken by the Portfolio Committee: Housing and Sustainable Development in recommending these candidates to ensure that they collectively possess the required skills, commitment and experience, including that relating to the business objectives of the municipal entity and to take decisions and monitor its affairs. The whole selection process was open, transparent and fair.

Once the Executive Mayor has officially announced the names of the Board of Directors of the HCT, the DA would like to extend its congratulations to the eight successful candidates.

A heavy responsibility now rests on the shoulders of the Board of Directors to deal with all governance issues pertaining to the HCT and they will be fully aware that the eyes of Tshwane now rest on them to ensure that they carry out their duties to the benefit of the City of Tshwane and its residents. They need to follow the King II Code of good corporate governance and any conflict of interest by any Board Member must be declared. The Council will exercise oversight over the Board and look forward to receiving quarterly progress reports from them.

We hope the newly appointed Board of Directors of the HCT will have a long and fruitful association with the City of Tshwane.

The DA would also like to take this opportunity of thanking the officials for a clear, concise report on this matter.

Thank you.

Clr Vickey Bosch
(082 443 3861)