Treasury unfreezes funds to 69 municipalities

National Treasury will release the remaining July 2026 equitable share allocation previously withheld from municipalities. Finance Minister Enoch Godongwana says the Municipal Equitable Share transfers will be released on Friday.

Godongwana explained that National Treasury is releasing the funds to protect service delivery. Earlier this month, National Treasury announced the temporary withholding of the July 2026 Municipal Equitable Share transfers to 69 municipalities across all nine provinces.

To unpack this decision, we are now joined by a Group Chief Advisor at Ntiyiso specialising in Local Government, Revenue Management, Governance and Economic Development, Miyelani Holeni.

For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.