National Treasury intervened and withheld equitable share funding from North West and Free State due to financial mismanagement.
2 reports, 2 independent
Updated Jul 26
Gone quiet
- Reports
- 2
- Developments
- 5
- Repetition
- 0%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
National Treasury intervened and withheld equitable share funding from North West and Free State due to financial mismanagement.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Withholding equitable share funding leads to municipal salary delays across several provinces.1 source
- Provincial government oversees financial recovery plan for Tswaing municipality, with equitable share withheld.Sub-event
- President authorized SIU to probe Free State projects under Treasury regulations.Sub-event
- National Treasury withheld equitable share transfers from Naledi and other municipalities in the North West province.Sub-event
Treasury withheld funds and intervened in North West and Free State over financial mismanagement.1 source
Keep exploring
The entities involved
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National Treasury
treasury of South Africa
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North West
province of South Africa
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Free State
province of South Africa
Related events
- National Treasury is withholding equitable share allocations in the Eastern Cape due to financial mismanagement.
- National Treasury is imposing financial oversight and monitoring municipal compliance across provinces due to mismanagement.
- Financial non-compliance led to fund withholding from Mopani District Municipality, and Pule Shayi was appointed to head the oversight department.
Coverage
Newest first; wire copies grouped- businessday.co.zaAt least 12 municipalities failed to pay June and July salaries — Samwu
- ofm.co.za