Haartebeesfontein- In a decisive move to transform municipalities’ audit reputation, the North West Provincial Treasury convened a high-level stakeholder engagement session on Municipal Finance Management Act (MFMA) Audit Cycle Readiness ahead of the 2024/25 Annual Financial Statements (AFS) submission deadline at the end of August. The session which aimed to strengthen municipal compliance and improve audit outcomes brought together key stakeholders such as National Treasury, the Department of Cooperative Governance and Traditional Affairs (CoGTA), the South African Local Government Association (SALGA), the Office of the AuditorGeneral (AG), and representatives from 22 provincial municipalities. Delivering a compelling address, Auditor-General Mthokozisi Sibisi called for a collective commitment to change…

Mahikeng: The North West MEC for Finance, currently the Acting Premier, Kenetswe Mosenogi, will table the revised 2025/26 Provincial Budget on Tuesday, 27 May 2025, at the North West Provincial Legislature. This tabling follows the re-tabling of the 2025/26 National Budget by Finance Minister Enoch Godongwana on 21 May 2025, after the withdrawal of the national Appropriation and Division of the Revenue Bills. MEC Mosenogi will re-introduce the Appropriation Bill which is aligned with the 2025 Division of Revenue Bill which was tabled on the 21st May 2025 by the Minister of Finance. These bills are critical in aligning the province’s financial allocations with the priorities highlighted…

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Sun City – In a landmark stakeholder engagement meeting held today at Sun City, North West Premier Lazarus Mokgosi and MEC for Finance Kenetswe Mosenogi addressed key representatives from the three major banks ahead of the official launch of the North West Development Fund. The meeting, graced by MEC for Cooperative Governance Oageng Molapisi, marked a significant milestone in the province’s journey towards inclusive economic growth and transformation. In his remarks, Premier Lazarus Mokgosi described the fund as “a transformative chapter in the story of our beloved North West Province.” He noted that the establishment of the North West Development Fund is not merely a policy initiative,…

Mahikeng — The North West MEC for Finance Kenetswe Mosenogi, has reiterated the provincial government’s unwavering commitment to restoring the financial health and service delivery capacity of municipalities across the province. Speaking during a series of engagements with the Provincial Executive Representatives (PERs) deployed to distressed municipalities, MEC Mosenogi emphasized the critical importance of implementing Financial Recovery Plans (FRPs) as guided by National Treasury. The affected municipalities include Naledi, Mamusa, Dr. Ruth Segomotsi Mompati District, Ditsobotla, Ramotshere Moilwa, Tswaing, Kgetlengrivier, Madibeng, Maquassi Hills, and the City of Matlosana. “The restoration of the dignity of the North West Province depends on your commitment to assisting municipalities to implement…

The North West Provincial Treasury has successfully concluded its 2025 strategic planning session, reinforcing its commitment to driving economic growth, strengthening financial governance, and ensuring the effective use of provincial resources. The session emphasized aligning departmental strategies with national and provincial priorities, including the Provincial Growth and Development Strategy and the Provincial Development Plan. A key focus was addressing unmet commitments from previous financial years by integrating them into the current planning cycle. This ensures continuity and accountability in delivering on critical initiatives. The session also explored measures to correct skewed government expenditure, directing resources toward programs that directly benefit citizens and combat the province’s persistent challenges…