Municipalities are owed R218bn. So why are they running out of money?
The FFC says a system-wide breakdown in collecting and paying bills is fuelling arrears that more than a decade of government interventions has failed to contain.
#municipalgovernance
Treasury faces seven-day deadline over withheld municipal funds
Lawmakers want legal questions over withheld equitable-share allocations resolved as Treasury begins releasing billions of rand to compliant municipalities.
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.
SARB sees path to growth: lower inflation, de-risking, and smarter debt
Reserve Bank Governor Lesetja Kganyago says permanently lower inflation, fiscal consolidation, and reduced country risk could cut interest rates and create space for sustainable growth.
