Councils face budget freeze over unaudited accounts
THE government will stop approving budgets for councils that fail to produce up-to-date financial statements as it seeks to make local authorities drivers of investment and economic development. Local Government permanent secretary Tafadzwa Muguti told council executives that outdated accounts would prevent local authorities from accessing new allocations. Muguti said some councils were three to… Subscribe to read full article. Subscribe today The post Councils face budget freeze over unaud
AI summary
THE government will stop approving budgets for councils that fail to produce up-to-date financial statements as it seeks to make local authorities drivers of investment and economic development. Local Government permanent secretary Tafadzwa Muguti told council executives that outdated accounts would prevent local authorities from accessing new allocations. Muguti said some councils were three to…
Subscribe to read full article.
Subscribe today
The post Councils face budget freeze over unaudited accounts appeared first on The Financial Gazette.
Follow the story
About this article
- Length
- 78 words · 1 min read
- Published
- October 3, 2026
- Byline
- Staff Writer
- Source
- Financial Gazette