MEDBUDGETNW Gov.za Media Statements
North West Finance MEC Kenetswe Mosenogi,welcomes the release of the remaining withheld Local Government Equitable Share transfers
Source: Gov.za Media StatementsView Original Source
North West Finance MEC welcomes the release of withheld Local Government Equitable Share transfers, which will improve municipal cash flow and potentially unlock stalled procurement. This is a positive signal for suppliers, as municipalities can now proceed with delayed projects and payments. However, bidders should remain cautious of any lingering governance or audit issues in specific municipalities.
Procurement teams and bidders should expect increased tender activity and improved payment timelines from North West municipalities, which had been constrained by cash flow shortages.
Withheld LGES funds for North West municipalities have been released, restoring a key revenue stream for local government procurement.
This release signals a broader trend of national treasury unlocking funds for struggling municipalities, which could lead to a wave of procurement activity across multiple provinces as similar freezes are lifted.
Suppliers should monitor North West municipal tender portals for new opportunities in infrastructure, maintenance, and service delivery projects that were previously delayed due to funding freezes.
Municipalities may still have compliance issues from past irregular expenditure; bidders should verify each municipality's audit status before engaging.
Stay ahead of procurement changes