- Service providers in Johannesburg, including Eskom and Rand Water, are facing financial strain due to cost increases, leading to tariff hikes and revenue collection issues.
- The National Treasury withheld funds from Johannesburg due to an unfunded city budget, impacting payments to utilities like Eskom and Rand Water.
A municipality receives an equitable share grant from the National Treasury.
1 report, 1 independent
Updated Jul 20
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What happened
A municipality receives an equitable share grant from the National Treasury.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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National Treasury
treasury of South Africa
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Johannesburg
largest city in South Africa
Related events
- National Treasury is imposing financial oversight and monitoring municipal compliance across provinces due to mismanagement.
- National Treasury is withholding equitable share allocations in the Eastern Cape due to financial mismanagement.
- Eskom and the City of Johannesburg are facing a financial crisis, with R5.2 billion owed and a search for partnerships to resolve service issues.
- Johannesburg and Cape Town are currently competing to secure major budget status.
- South Africa provided financial backing for an infrastructure upgrade in Johannesburg.