Municipal mayhem | Finance ministry to outline reasons for funding cuts

JOHANNESBURG - The Finance Ministry is expected to give details on the withholding of funding from municipalities.

Deputy Finance Minister Ashor Sarupen is expected to outline the reasons behind the intervention.

Treasury is withholding funds from 69 municipalities for failing to adhere to financial management rules.
They include the metros of Johannesburg, Buffalo City, Nelson Mandela Bay and Mangaung.

Treasury insists the move is not punitive but rather corrective.

It says the municipalities were given sufficient notice and were offered support before action was taken.

Meanwhile, Joburg Mayor Dada Morero is expected to outline the city's financial position on Wednesday afternoon,

Morero is expected to outline the city’s response and the implications for its finances and service delivery.

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