#financial management

The Treasury has taken action against 35 municipalities, including those in Free State, KwaZulu-Natal, and North West, for having unfunded budgets and owing billions to state entities. This move aims to address financial mismanagement and ensure accountability among local governments.

The Auditor-General has released a report indicating poor financial management in municipalities, marking the first issuance of a certificate of debt to recover financial losses from a municipal accounting officer. Additionally, 76 municipal officials have been referred for investigation due to these financial discrepancies, highlighting ongoing issues in municipal governance, according to Moneyweb.

According to Sowetan, South Africa's major cities are struggling with financial management, as highlighted by auditor-general Tsakani Maluleke. She warns that deteriorating governance, failing service delivery, and significant losses due to irregular expenditure pose a threat to the country's sustainability.

Samburu Governor Lati Lelelit has been accused of paying Sh60 million to eighty-three ghost workers between July 2024 and June 2025, with little evidence of their employment records. This situation has raised concerns regarding the financial management of Samburu's resources, as these payments were made from the county's strained coffers, according to Kenya Insights.