{"id":5545,"date":"2011-12-04T12:48:22","date_gmt":"2011-12-04T12:48:22","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/12\/zulu-king%e2%80%99s-finances-are-in-a-shambles\/"},"modified":"2011-12-04T12:48:22","modified_gmt":"2011-12-04T12:48:22","slug":"zulu-kings-finances-are-in-a-shambles","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/12\/04\/zulu-kings-finances-are-in-a-shambles\/","title":{"rendered":"Zulu king\u2019s finances are in a shambles"},"content":{"rendered":"

\"IOL<\/p>\n

INLSA<\/p>\n

King Goodwill Zwelithini<\/p>\n<\/div>\n

The celebration of King Goodwill Zwelithini\u2019s 40-year reign has been clouded by news that the royal household department finances are in a shambles.<\/p>\n

This as the month-long lavish parties and celebrations of the Zulu monarch\u2019s reign started at KwaKhethomthandayo Palace yesterday.<\/p>\n

A mid-year report to the finance committee in the legislature this week revealed that there had been overspending, construction projects left hanging, and staff pay drawn from the wrong budget.<\/p>\n

In March last year Finance MEC Ina Cronje increased the royal household\u2019s budget allocation from R40.643 million in 2009\/10 to R48.560m in 2012\/13.<\/p>\n

Having overspent by R2.7m by mid -2009, the royal household was asked to pay back R3m to cover for that shortfall from their current budget.<\/p>\n

The finance committee, chaired by Belinda Scott, noted that a major problem was the failure to get the Royal Household Trust off the ground.<\/p>\n

As a result the department expected to overspend up to R12.8m on salaries this year.<\/p>\n

The report also noted that about R8m for renovating the king\u2019s homestead was still in the department\u2019s hands because the king rejected an infrastructure business plan they had drawn up.<\/p>\n

Costs are also to be incurred with the demolition and construction of rondavels at Dlamahlahla Palace, an extension of the main house, construction of rondavels at Ingwavuma Palace and major renovations to offices at Linduzulu Palace. – Sunday Tribune<\/p>\n<\/p>\n

More:
\nZulu king\u2019s finances are in a shambles<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

INLSA King Goodwill Zwelithini The celebration of King Goodwill Zwelithini\u2019s 40-year reign has been clouded by news that the royal household department finances are in a shambles. 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