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National Treasury temporarily freezes grant transfers to 69 municipalities

# National Treasury is temporarily withholding the July equitable share transfers to selected municipalities to instill fiscal discipline and ensure public money is properly managed. Among those affected are the City of Johannesburg, Mangaung, and Nelson Mandela Bay. Treasury says the decision follows persistent and serious non-compliance with the Municipal Finance Management Act, despite support provided by the institution. It adds the local authorities will only receive their money once they prove they have taken corrective action.