Daily Maverick·3 min read·medium
Treasury turns off tap for 69 municipalities
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✦AI Summary
The South African National Treasury has temporarily withheld equitable share transfers to 69 municipalities to address fiscal mismanagement and unauthorized expenditure. The government maintains this is a corrective measure intended to enforce financial discipline without disrupting essential service delivery.
National Treasury has moved to temporarily withhold July 2026 equitable share transfers to 69 municipalities, including some of South Africa’s biggest metros, in an attempt to force councils to clean up unauthorised, irregular, fruitless and wasteful expenditure.
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