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Nelson Mandela Bay has lost R430m in National Treasury grant funding due to underspending

Nelson Mandela Bay has lost R430m in National Treasury grant funding due to underspending
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Nelson Mandela Bay risks losing R500m in funding due to underspending

With a National Treasury deadline looming for the city to explain why it should not lose about R500m in critical grants, Nelson Mandela Bay acting city boss Luvuyo Magalela is scrambling to find answers as to why the city underspent its annual budget.

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Short-changed — National Treasury threatens to halt more than a billion rand to Gauteng metros

Johannesburg, Ekurhuleni and Tshwane metros are in deep trouble, standing to lose billions in development allocation grants, which could be taken back to the national fiscus by the National Treasury as a result of poor expenditure. Gauteng metros are in deep trouble, standing to lose billions i.

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