Treasury’s withholding of the equitable share was successful, with many affected municipalities entering into signed agreements with creditors

Treasury’s withholding of the equitable share was successful, with many affected municipalities entering into signed agreements with creditors

South Africa needs to unlock more investment flows, says Treasury director-general Duncan Pieterse

While poor local governance contributes to dysfunction, the outdated funding model, underfunding, and the state’s unpaid debts create insolvency and service delivery crises