Analysis | Treasury owes answers about the R900m it poured into municipalities and advisers

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
Finance Minister Tito Mboweni and National Treasury Secretary-General Dondo Mogajane. Picture: Sarel van der Walt
Finance Minister Tito Mboweni and National Treasury Secretary-General Dondo Mogajane. Picture: Sarel van der Walt

NEWS

The story of National Treasury’s R900 million spent on consultants who have failed to improve the financial performance of struggling municipalities poses the risk of becoming a blemish on the department’s otherwise reputable track record.

Municipal audit outcomes remain the best indicator in terms of the impact of the Municipal Finance Improvement Programme (MFIP) and the funds invested in the programme, but results do not justify the continuation of the programme.

Support independent journalism
Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism.
Subscribe
Already a subscriber? Sign in

E-Editions

Read the digital editions of City Press here.
Read now
Voting Booth
Tourism Minister Mmamoloko Kubayi-Ngubane will act as health minister after President Cyril Ramaphosa placed Health Minister Dr Zweli Mkhize on special leave while the SIU completes the probe into the irregular Digital Vibes contract. What are your thoughts on this?
Please select an option Oops! Something went wrong, please try again later.
Results
Special leave is a whitewash.
39% - 67 votes
SA’s tourism sector needs undivided attention.
5% - 8 votes
Let's wait and see
11% - 19 votes
What is the point of deputy ministers?
46% - 79 votes
Vote