
Government floats VAT sharing to shore up municipal revenue
The White Paper describes how municipalities and households are being financially squeezed by escalating input costs – particularly for electricity.

The White Paper describes how municipalities and households are being financially squeezed by escalating input costs – particularly for electricity.

Treasury Director-General Duncan Pieterse says municipalities that fail to reform may increasingly lose operational control of key services.

Investigations across four provinces reveal recurring irregularities, with recovery and prosecution still lagging far behind the findings.

National Treasury Director-General Duncan Pieterse says South Africa’s core fiscal challenge is structurally low economic growth that trails population expansion.

The majority finds the accreditation mechanism effectively coerced funds to amend their rules or risk losing employer contributions – undermining trustees’ fiduciary duties under the PFA.

Recent reports and the Budget Overview expose deep flaws in local government, prompting urgent calls for debt reforms and stricter accountability.

South Africa’s score on the global Corruption Perceptions Index remains at a decade-low, reflecting persistent governance failures.

58% of South Africa’s municipalities – 149 out of 257 – are behind on their retirement fund contributions, highlighting a growing issue in local government finances.