City of Joburg hit with R3.6bn funding freeze as Treasury cracks down on 69 municipalities
IOL | 08.07.2026 18:14
The National Treasury has temporarily withheld R13.5 billion in equitable share allocations from 69 municipalities nationwide, including R3.6 billion due to the City of Johannesburg, over ongoing breaches of financial laws and non-payment to creditors.
