
Treasury reinstates R3.6bn for Joburg as municipalities comply
National Treasury reinstated the July equitable share allocation to 42 of 69 municipalities that had funds frozen over their failure to address governance issues.
Godongwana lifts equitable share freeze after governance crackdown as Joburg battles liquidity crisis with just nine days of funds left.
Treasury reinstates July allocation to Joburg and 41 others On Friday, Godongwana was on the carpet at parliament’s portfolio committee on cooperative governance and traditional affairs, telling it that Treasury has the legal right to withhold the equitable share transfer of municipalities without parliament’s approval.
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