municipal finances

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News

Godongwana confident Joburg can turn finances around

Finance Minister, Enoch Godongwana, says he is optimistic that the City of Johannesburg can reverse its financial decline following high-level talks aimed at stabilising the metro’s finances and restoring public confidence. Godongwana met with Johannesburg Mayor, Dada Morero, National Treasury officials, Deputy Water and Sanitation Minister, David Mahlobo, Gauteng Cooperative Governance MEC, Jacob Mamabolo, and senior city officials on Tuesday to assess the municipality’s financial position and recovery plan. The […]

July 21, 2026 168

News

Treasury stands firm on funding crackdown as Joburg warns of cash crisis

Political commentator, Goodenough Mashego, says the intervention by National Treasury to withhold funding from 69 financially distressed municipalities, is long overdue, arguing that years of financial mismanagement identified by the Auditor-General have gone largely unpunished. His comments come after Johannesburg Mayor, Dada Morero, revealed on Thursday that the City of Johannesburg has enough cash to operate for only 12 more days after Treasury withheld part of the city's equitable share […]

July 17, 2026 46

News

Joburg denies financial crisis as Treasury intervention, refuse backlog and water maintenance test service delivery

The City of Johannesburg has rejected claims that it is financial crisis despite National Treasury invoking constitutional and municipal finance provisions over concerns about the metro's financial management, as residents continue to grapple with refuse collection delays and brace for planned water disruptions later this month. Speaking at a media briefing on Wednesday, Executive Mayor Dada Morero, said National Treasury had confirmed that Johannesburg's 2026/27 budget is fully funded. However, […]

July 8, 2026 57