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Treasury approves eThekwini Municipality’s R1.6 billion grant rollover [SOUND]

# National Treasury has approved eThekwini Municipality’s 1.6-billion-rand grant rollover request. The rollover is for the municipal disaster recovery grant, the project preparation support grant, and the neighbourhood development partnership grant for the employment programme. eThekwini mayor, Mxolisi Kaunda, says they had applied for the rollover after the Treasury only dispatched the funds in March, three months before the end of the 2022/2023 financial year, while the grant framework stipulates that the funds can be spent in 12 months: