Treasury threatens to stop fund transfers to Johannesburg, with Morero receiving final notices from Treasury and Godongwana.

The entities involved

• National Treasury →

  treasury of South Africa

  • War in Middle East disrupts world economySun 22:11
  • The provincial government in North West collaborates with National Treasury on grant management and compliance issues.Sun 08:40
• Johannesburg →

  largest city in South Africa

  • Soweto is a township located within the borders of South Africa.Mon 15:02
  • In 2019, Ramaphosa established the IMTT to address issues in Alexandra township, involving Gauteng and Johannesburg governments.Mon 09:28
• Dada Morero →

  South African politician

  Nothing else this week.

Related events

• The National Treasury controls funding and enforces financial compliance, with the Finance Minister representing Treasury's policy stance.Jul 9
• President Ramaphosa supports the restructuring of Eskom assets, while the Development Bank of Southern Africa provides financial advice to the National Treasury.Sep 8
• The Treasury encouraged NSFAS beneficiaries to repay loans, while the Finance Minister addressed a fees shortfall in Pretoria.Sep 20
• The National Treasury and African Development Bank are supporting the modernization of Transnet's Durban Container Terminal in South Africa.Aug 18
• Enoch Godongwana warned the City of Johannesburg of financial distress after the Centre for Development and Enterprise released a crisis report.Aug 20