# National Treasury has confirmed that eThekwini Municipality’s financial standing is sound, based on a review of financial reports and audited statements. The findings show consistent revenue growth and highlight the need for practical measures to maintain long-term sustainability. Key indicators of eThekwini’s financial strength include adoption of a fully funded budget, timely payment of creditors within 30 days, and employee-related costs at 25.3-percent, well within the Treasury’s benchmark. Mayor Cyril Xaba has welcomed the findings and reaffirmed the metro’s commitment to sound financial stewardship.
Treasury finds eThekwini Municipality to be on a sound financial footing