Municipal Finance Management Act

 
Municipal cost-containment measures gazetted as state seeks to tighten its belt
Municipal cost-containment measures gazetted as state seeks to tighten its belt
The national treasury has gazetted far-reaching cost-containment measures for municipalities which include limiting the use of consultants,...
New directorate to deal with state capture proclaimed by Ramaphosa
New directorate to deal with state capture proclaimed by Ramaphosa
President Cyril Ramaphosa has proclaimed the establishment of an investigative directorate in the office of the national director of public...
Allow local councils to do their fiscal duties
Allow local councils to do their fiscal duties
The insistence of South African political parties, and the ruling party in particular, on democratic centralism in a constitutionally guaranteed...
Tshwane city manager heads to court to block GladAfrica report
Tshwane city manager heads to court to block GladAfrica report
Tshwane city manager Moeketsi Mosola is heading to court in a bid to stop a preliminary report into the GladAfrica scandal being handed out in...
VBS: How far will state’s bill stretch?
VBS: How far will state’s bill stretch?
The government is “going to have a lot to say” about the VBS Mutual Bank saga, at the upcoming medium term budget policy statement, new finance...
Msimanga wants city manager suspended
Msimanga wants city manager suspended
City of Tshwane mayor Solly Msimanga will recommend to council that city manager Moeketsi Mosola be suspended following allegations of tender...
Nene cracks down on unqualified local government officials
Nene cracks down on unqualified local government officials
Finance Minister Nhlanhla Nene has written to National Assembly Speaker Baleka Mbete with amendments to municipal regulations, allowing a new,...
VBS saga: Municipalities in for half-a-decade wait for a fraction of R1.5bn deposits
VBS saga: Municipalities in for half-a-decade wait for a fraction of R1.5bn deposits
VBS Mutual Bank allegedly broke the law by accepting deposits totalling around R1.5-billion from municipalities, which may now have to wait up to...
VBS bank could come out of curatorship stronger—
Treasury
VBS bank could come out of curatorship stronger— Treasury
National Treasury said placing VBS Mutual Bank under curatorship is a better option than liquidation.
​VBS liable to go bust
​VBS liable to go bust
VBS mutual bank faces the possibility of going bust after the Treasury instructed municipalities to stop investing with it.
Cape Town races to beat Day Zero
Cape Town races to beat Day Zero
The R321 cuts straight through the centre of the Theewaterskloof Dam in Caledon. Before you approach the bridge that traverses the water, the scene...

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