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Treasury defends withholding R13.5bn in municipal funds

Treasury defends withholding R13.5bn in municipal funds

By GhanaSummary NewsroomSouth Africa

Finance Minister Enoch Godongwana says the National Treasury has the legal right to withhold the equitable share transfer of municipalities without Parliament’s approval.” X | @GovernmentZA | WATCH | The Minister of Finance, Enoch Godongwana, and National Treasury Director-General | 📌 WATCH | The Minister of Finance, Enoch Godongwana, and National Treasury Director-General, Duncan Pieterse, provide a status update on the temporary withholding of the July equitable share transfers to 69 municipalities.5 billion in July 2026 equitable share financial transfers to 69 municipalities, including Johannesburg.

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