South Africa's National Treasury and CoGTA have announced the conditional release of withheld Municipal Equitable Share funds to 69 non-compliant municipalities. Finance Minister Enoch Godongwana and CoGTA Minister Velenkosini Hlabisa stressed that the decision is a temporary corrective measure—not forgiveness for financial misconduct.

The briefing outlines why R13.5 billion in municipal funds was initially withheld, the compliance deadlines through November 2026, and the stricter enforcement measures that could impact future allocations. The government also revealed plans to hold national and provincial departments accountable for unpaid municipal utility debts, signaling a major shift in financial governance and accountability.

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Source/Courtesy: South African Government