The Treasury has sounded the alarm over SA’s 257 municipalities, saying their underperformance in spending billions of rand in allocated budgets and conditional grants was a "source of concern", as residents grappled with poor service delivery by local councils.

It warned in its local government revenue and expenditure report for the second quarter of 2023/24, released on Monday, that the liquidity position of most municipalities was under threat due to revenue undercollection...

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