Minister may redirect Cape Town’s unspent grant allocations

Human Settlements Minister Lindiwe Sisulu is embroiled in a grant-allocations spending spat with the City of Cape Town and has accused the metro of being a serial offender. The Treasury has given the Department of Human Settlements the go-ahead to rescind municipalities’ grant allocations and to redirect them to provincial administrations or other metros in the event that they fail to spend the money. To give us some perspective on the re-allocation of public funds and the processes involved...

Guest: Estian Calitz (pr. Carlitz)
Position: Emeritus Professor in the Department of Economics at the University of Stellenbosch focusing on Public Finance