National Treasury | Lesedi Municipality loses out on equitable share transfare

National Treasury earlier briefed the media in Pretoria, following its temporary withholding of funds to selected municipalities.

It has flagged 69 municipalities across the country for persistent and serious non-compliance with the Municipal Finance Management Act.

National Treasury says the aim of its action is to ensure fiscal discipline among local authorities.

Meanwhile, Lesedi Local Municipality in the Sedibeng District Municipality is one of six Gauteng municipalities impacted by the intervention.

SABC News Reporter, Calvin Dludla got reaction from some residents earlier.

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