The Auditor-General and National Treasury has briefed MPs on the parlous financial state of five municipalities, with the worst-performing municipalities owing a staggering R150 billion. The four municipalities which contributed to massive irregular expenditure include the OR Tambo District Municipality, Nelson Mandela Bay Metro, Matlosana Local Municipality and the City of Johannesburg. National Treasury said National Treasury … Continue reading Worst-Performing Municipalities Owes Staggering R150BN – Treasury