Finance Minister Enoch Godongwana has outlined what National Treasury expects affected municipalities to do in order to have their equitable share transfers reinstated. Earlier this week, Treasury announced that equitable share transfers to 69 municipalities would be temporarily withheld to instil fiscal discipline, ensure public money is properly managed and to deal with unauthorised, irregular, fruitless and wasteful expenditure by these entities.

National Treasury is temporarily withholding the July equitable share transfers to 70 municipalities across all nine provinces in an effort to “instil fiscal discipline and ensure…

National Treasury has temporarily withheld equitable share allocations from 69 municipalities over financial non-compliance, prompting SALGA to call for balance between…