municipal finance management act (mfma)

  1. NeverBrokeAgain

    How long do EFTs take in SA?

    Recently started a business in SA supplying goods to municipalities, SOES etc. Fairly new to this country, and also not very educated so not sure how payment processes work with banks. If municipality or department pays me on Tuesday 13/07, and sends remittance advice same day, how long should...
  2. Jan

    R186 billion in irregular expenditure from South African municipalities in a decade

    Stealing without consequences — R186 billion gone from South African municipalities in a decade Over the last decade, R186 billion disappeared out of the accounts of South African municipalities because of irregular expenditure. This is revealed by the Municipal Finance Management Act (MFMA)...