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National Treasury

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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 […]

todayJuly 28, 2026 27

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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 […]

todayJuly 21, 2026 159

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Treasury stands firm on funding crackdown as Joburg warns of cash crisis

Political commentator, Goodenough Mashego, says the intervention by National Treasury to withhold funding from 69 financially distressed municipalities, is long overdue, arguing that years of financial mismanagement identified by the Auditor-General have gone largely unpunished. His comments come after Johannesburg Mayor, Dada Morero, revealed on Thursday that the City of Johannesburg has enough cash to operate for only 12 more days after Treasury withheld part of the city's equitable share […]

todayJuly 17, 2026 43

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Joburg denies financial crisis as Treasury intervention, refuse backlog and water maintenance test service delivery

The City of Johannesburg has rejected claims that it is financial crisis despite National Treasury invoking constitutional and municipal finance provisions over concerns about the metro's financial management, as residents continue to grapple with refuse collection delays and brace for planned water disruptions later this month. Speaking at a media briefing on Wednesday, Executive Mayor Dada Morero, said National Treasury had confirmed that Johannesburg's 2026/27 budget is fully funded. However, […]

todayJuly 8, 2026 54

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OUTA calls for reforms as Eskom warns of possible Joburg power cuts

The Organisation Undoing Tax Abuse (OUTA) says customers who pay for electricity should not be punished for municipal financial failures, after Eskom warned warned that parts of Johannesburg could face a major power crisis. The power utility has warned that parts of the city could be left in the dark, if the City of Johannesburg and City Power fail to settle a R5.2 billion debt by 8 July. OUTA argues […]

todayMay 20, 2026 150

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Calls grow for accountability in textbook tender saga

Pressure is mounting for those implicated in the foundation phase textbook procurement saga to be held accountable. This follows the alleged awarding of a R1.6 million contract to Lighthouse Publishers (Pty) Ltd to produce textbooks. It is alleged that the company has no proven track record in delivering large-scale educational materials, and could have benefitted by more than R280 million from the publishing process. Basic Education Minister, Siviwe Gwarube, has […]

todayApril 29, 2026 160 2 2