National Treasury Defends Decision to Withhold Municipal Funding

National Treasury has defended its decision to temporarily withhold R13.5 billion in July equitable share transfers from 69 municipalities, saying the move complies with constitutional and legislative requirements. The response follows concerns raised by the Financial and Fiscal Commission (FFC), which questioned the lawfulness of the decision to suspend the funding over poor financial management. Treasury maintains that the measure is aimed at enforcing financial accountability and ensuring municipalities meet […]