Treasury’s crackdown spreads beyond municipalities
Municipalities that fix their governance failures could regain funding within weeks, while provinces and national departments are now facing the same scrutiny.
#localgovernment
Treasury intervention lays bare concentrated municipal debt
Just 10 of the 69 affected municipalities account for more than R21.6bn in arrears to utilities, retirement funds, SARS and other creditors.
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.
Treasury signals harder line on failing municipalities
Treasury Director-General Duncan Pieterse says municipalities that fail to reform may increasingly lose operational control of key services.
SIU findings expose widening municipal governance failures
Investigations across four provinces reveal recurring irregularities, with recovery and prosecution still lagging far behind the findings.
Holding the line: fiscal discipline takes centre stage
National Treasury Director-General Duncan Pieterse says South Africa’s core fiscal challenge is structurally low economic growth that trails population expansion.
SCA: Retirement fund agreement for municipal staff is illegal
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.
Municipal crisis: mismanagement threatens service delivery and financial stability
Recent reports and the Budget Overview expose deep flaws in local government, prompting urgent calls for debt reforms and stricter accountability.
Accountability still lacking as corruption persists in South Africa
South Africa’s score on the global Corruption Perceptions Index remains at a decade-low, reflecting persistent governance failures.
Arrears in local government sector reach alarming levels
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.
