Treasury offers lifeline to 49 municipalities amid service delivery concerns

Treasury offers lifeline to 49 municipalities amid service delivery concerns

Forty-nine embattled municipalities have been handed a financial lifeline after the National Treasury agreed to conditionally release their July 2026 equitable share allocations, easing fears of widespread disruptions to basic service delivery. Finance Ministe, Enoch Godongwana, announced on Tuesday that the decision was taken to protect communities from the immediate impact of municipal financial failures, while putting pressure on municipalities to address ongoing governance and financial challenges. "National Treasury must […]

July 28, 2026 30

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Godongwana confident Joburg can turn finances around

Finance Minister, Enoch Godongwana, says he is optimistic that the City of Johannesburg can reverse its financial decline following high-level talks aimed at stabilising the metro’s finances and restoring public confidence. Godongwana met with Johannesburg Mayor, Dada Morero, National Treasury officials, Deputy Water and Sanitation Minister, David Mahlobo, Gauteng Cooperative Governance MEC, Jacob Mamabolo, and senior city officials on Tuesday to assess the municipality’s financial position and recovery plan. The […]

July 21, 2026 169

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New NSFAS administrator moves swiftly to engage institutions

Newly appointed NSFAS administrator, Professor Hlengani Mathebula, has hit the ground running with plans already underway to hold introductory courtesy meetings with institutions and higher education representative bodies next month. Mathebula was appointed by Higher Education Minister, Buti Manamela, this week after placing the National Student Financial Aid Scheme (NSFAS) under administration amid ongoing governance and operational challenges. His appointment comes at a critical time for the embattled scheme, […]

May 8, 2026 162 2

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Higher Education moves to stabilise NSFAS amid board resignations

The Department of Higher Education and Training (DHET) has moved to reassure students that the National Student Financial Aid Scheme (NSFAS) will continue operating without disruption, despite a wave of board resignations. In a statement released on Wednesday, the department said contingency measures are in place to ensure the scheme’s core mandate remains intact, including funding disbursements and operational functions. This follows the resignation of interim board chairperson, Dr Mugwena […]

April 29, 2026 343