The Buffalo City Metro in the Eastern Cape says it has noted National Treasury’s decision to temporarily withhold its equitable share transfers.
The metro is among 69 municipalities across the country that National Treasury has flagged for persistent and serious non-compliance with the Municipal Finance Management Act (MFMA).
National Treasury says the move is intended to promote fiscal discipline among municipalities.
Buffalo City Metro spokesperson Luzuko Buku has assured residents that the municipality is cooperating with National Treasury and that essential services will not be affected.
Buku says, “We wish to assure residents, stakeholders, employees, and other consumers that we are fully cooperating with the National Treasury regarding the ongoing management of historical Unauthorised, Irregular, Fruitless and Wasteful Expenditure (UIFWE). We are therefore confident that there will be no disruption to service delivery.”
He says the municipality remains committed to delivering essential services.
“Our commitment to maintaining an aggressive pace of road construction, ensuring consistent water and sanitation services, and upholding the high standard of cleanliness achieved through our consistent refuse removal programme remains unwavering,” Buku says.
