{"id":11504,"date":"2026-07-10T09:30:26","date_gmt":"2026-07-10T09:30:26","guid":{"rendered":"https:\/\/www.fintechpulse8.com\/?p=11504"},"modified":"2026-07-10T09:30:26","modified_gmt":"2026-07-10T09:30:26","slug":"watch-live-godongwana-updates-on-withheld-municipal-funding","status":"publish","type":"post","link":"https:\/\/www.fintechpulse8.com\/?p=11504","title":{"rendered":"WATCH LIVE: Godongwana updates on withheld municipal funding"},"content":{"rendered":"<p><\/p>\n<div id=\"textFreeArticle\">\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=h7_MOg4TRC0\">https:\/\/www.youtube.com\/watch?v=h7_MOg4TRC0<\/a><\/p>\n<p>National Treasury this week announced it would temporarily withhold the July 2026 equitable share transfers to 69 municipalities, including the City of Johannesburg.<\/p>\n<p>Treasury said the decision follows \u201cpersistent serious non-compliance\u201d with the Municipal Finance Management Act and is intended to instil fiscal discipline, ensure unauthorised, irregular, fruitless and wasteful expenditure is addressed, and hold municipal officials and office-bearers accountable where required by law.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p>Finance Minister Enoch Godongwana is expected to provide an update on the decision during Friday\u2019s media briefing.<\/p>\n<p>Read:<br \/>Withholding R13.5bn for mismanaged municipalities won\u2019t hit services, says Treasury<br \/>Joburg to pay R2.4bn in debt to get R3.6bn funding reinstated<br \/>Don\u2019t write off Joburg yet, says Morero<br \/>Treasury to give departments the municipal treatment<br \/>Treasury tightens public purse on red-flagged municipalities<\/p>\n<\/p><\/div>\n<p>#WATCH #LIVE #Godongwana #updates #withheld #municipal #funding<\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Treasury this week announced it would temporarily withhold the July 2026 equitable share transfers to 69 municipalities, including the City of Johannesburg. Treasury said the decision follows \u201cpersistent serious&hellip; <\/p>\n","protected":false},"author":1,"featured_media":11505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1341,3745,5373,414,3054,1062,13030],"class_list":["post-11504","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-funding","tag-godongwana","tag-live","tag-municipal","tag-updates","tag-watch","tag-withheld"],"_links":{"self":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/11504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11504"}],"version-history":[{"count":0,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/11504\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/media\/11505"}],"wp:attachment":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}