Key Council Resolutions taken at the first council sitting that was held on the 30th January 2018 at the Rustenburg Civic Centre
Council took a number of important resolutions in line with our vision of becoming a World Class City. Key decisions taken during the meeting include the following:
Item: Memorandum of Agreement between the Rustenburg Local Municipality and ABSA Bank Item Number: 8
Council has approved the request for partnership with ABSA Bank for enterprise development in Rustenburg
The partnership will enable Rustenburg based enterprises doing business with the municipality to access funding from ABSA to be able to deliver on their contracts with the municipality and elsewhere.
This partnership will facilitate ease of access to funding by these targeted emerging contractors and other small businesses that will be providing services to the municipality.
The partnership will also enable the municipality to access business development support programme sponsored by ABSA to benefit local businesses.
In order to give effect to these resolutions, the Municipal Manager was duly authorised to conclude the Memorandum of Agreement with ABSA Bank.
