Treasury says freezing R13.5bn for 69 municipalities should not disrupt services
African Insider | 09.07.2026 19:00
Abandoned infrastructure, such as the ill-fated Water World project in KuGompo City, are a hallmark of financially mismanaged municipalities. As a corrective action against financial mismanagement, National Treasury has withheld the July equitable share transfers to 69 municipalities. Buffalo City Metropolitan Municipality, where R125-million was spent on the now abandoned Water World, is one of them. Archive photo: Steve Kretzmann