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KZN Municipalities Scramble to Avoid Funding Crisis After Treasury Withholds Equitable Share Transfers

The National Treasury has temporarily withheld equitable share transfers to seven municipalities in KwaZulu-Natal due to governance failures, prompting a response from local officials and the provincial Department of Cooperative Governance.

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KZN Municipalities Scramble to Avoid Funding Crisis After Treasury Withholds Equitable Share Transfers

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businessday.co.za1 mese fa

WATCH | Treasury withholds July funds from multiple municipalities

Business Day TV spoke to Thabiso Ndebele, local governance expert and MD of Ntiyiso Revenue Consulting

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KZN Municipalities Scramble to Avoid Funding Crisis After Treasury Withholds Equitable Share Transfers

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KZN Municipalities Scramble to Avoid Funding Crisis After Treasury Withholds Equitable Share Transfers

WATCH | Treasury withholds July funds from multiple municipalities

Timeline cronologica

BREAKING | Treasury suspends July funding to 69 municipalities over financial mismanagement

National Treasury withholds fund transfers to municipalities due to financial mismanagement

National Treasury withholds July funds to 70 municipalities ‘to instil fiscal discipline’

National Treasury cracks down: 69 municipalities face fund withholding

Treasury freezes funds for 66 municipalities over financial failures

Treasury freezes funds for 69 municipalities over financial failures

National Treasury withholds July funds to 70 municipalities ‘to instil fiscal discipline’

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How South Africa's municipalities lost billions — and why Treasury finally acted

'We won’t tolerate financial mismanagement': National Treasury withholds R13.5 billion from 69 municipalities

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City of Joburg hit with R3.6bn funding freeze as Treasury cracks down on 69 municipalities

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WATCH | Treasury withholds July funds from multiple municipalities

Joburg's finances in turmoil as the National Treasury freezes R3.6 billion in funding

Seven KZN municipalities impacted by National Treasury funding freeze

Treasury's Joburg funding decision puts economic hub under pressure

National Treasury decision to withhold R13.5bn from municipalities 'should not be seen in isolation'

KZN Municipalities Scramble to Avoid Funding Crisis After Treasury Withholds Equitable Share Transfers

WATCH | Treasury funding freeze puts municipal finances in focus