Emfuleni’s failure to meet debt relief obligations exposed

The latest assessment report by the Gauteng Provincial Treasury confirms that the Emfuleni Local Municipality is still failing to fulfil its basic financial and governance obligations. This is despite extraordinary government intervention and debt relief measures since June 2023. Compliance deteriorated further in the reported period (October to November 2025), from 78% to 76%, seriously…

AOFM, the Treasury’s $1 trillion debt office, faces independent review led by Guy Debelle after high turnover of staff

The Treasury agency responsible for managing the federal government’s almost $1 trillion debt will face an independent review by former Reserve Bank of Australia deputy governor Guy Debelle, following the exit of an unusually high number of employees over the past year. Debelle has been tapped by Treasury Secretary Jenny Wilkinson to conduct a review…