Treasury freezes equitable share for 69 municipalities
National Treasury's decision to withhold July equitable share transfers from 69 non-compliant municipalities dominated business and news slots across 702, Cape Talk, SAfm and Power FM. Deputy Finance Minister Ashor Sarupen and DDG Ogalaleng Rakhwe fronted a Pretoria briefing, with Johannesburg alone losing R3.6 billion of a R13.5 billion total. Mayor Dada Morero pushed back, denying the metro is in financial crisis and insisting Treasury has since confirmed the 2026/27 budget is fully funded. Parliament's Cogta committee welcomed the intervention but urged affected councils to comply urgently so funds can flow.