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BRICS+ Series: Why Godongwana Is Starving Johannesburg of Cash
South Africa's fiscal referee has finally blown the whistle. On 7 July 2026, Finance Minister Enoch Godongwana confirmed that National Treasury is temporarily withholding the July equitable share transfer, the largest unconditional grant local government receives, from Johannesburg and roughly 70 other municipalities.
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iol.co.za
National Treasury withholds fund transfers to municipalities due to financial mismanagement
National Treasury's decision to withhold July 2026 equitable share transfers to 60 municipalities highlights ongoing financial mismanagement and compliance failures across South…
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National Treasury cracks down: 69 municipalities face fund withholding
The National Treasury's decision to withhold July 2026 equitable share transfers to 69 municipalities highlights ongoing financial mismanagement and aims to enforce accountability…
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City of Joburg faces fresh financial blow as Treasury withholds equitable share
The National Treasury has temporarily withheld part of Johannesburg's July equitable share transfer, placing further pressure on the metro's finances despite assurances by city…
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africa.businessinsider.com
Africa’s richest city loses state funding as South Africa cracks down on wasteful spending
South Africa has suspended state funding to Johannesburg and 68 other municipalities over financial mismanagement, increasing pressure on Africa’s richest city ahead of November’s…
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City of Joburg hit with R3.6bn funding freeze as Treasury cracks down on 69 municipalities
The National Treasury has temporarily withheld R13.5 billion in equitable share allocations from 69 municipalities nationwide, including R3.6 billion due to the City of…
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Joburg's finances in turmoil as the National Treasury freezes R3.6 billion in funding
The City of Johannesburg faces a costly dilemma as the National Treasury temporarily freezes a significant portion of its funding, forcing the municipality to reassess its…
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BRICS+ Series: Why Godongwana Is Starving Johannesburg of Cash
South Africa's fiscal referee has finally blown the whistle. On 7 July 2026, Finance Minister Enoch Godongwana confirmed that National Treasury is temporarily withholding the July…
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Treasury has frozen billions. What comes next could reshape local government
National Treasury's decision to withhold billions of rand from 69 municipalities over financial noncompliance has intensified concerns about the state of local government.…
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businessday.co.za
Godongwana bypasses non-compliant municipalities with direct payments to creditors
Finance minister says funds to go in tranches directly to Eskom, water boards and statutory bodies to safeguard electricity, water and pensions