The financial crisis involving Johannesburg and Eskom is ongoing, with Eskom owed R1.5 billion plus R5.2 billion in arrears, and the Gauteng provincial government holding responsibility for the city's issues.
1 report, 1 independent
Updated May 26
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What happened
The financial crisis involving Johannesburg and Eskom is ongoing, with Eskom owed R1.5 billion plus R5.2 billion in arrears, and the Gauteng provincial government holding responsibility for the city's issues.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Gauteng oversees the operational issues of Johannesburg, with Dada Morero leading the city administration efforts.Sub-event
- Johannesburg failed to transfer provincial licensing agency fee collections.Sub-event
- In 2019, Ramaphosa established the IMTT to address issues in Alexandra township, involving Gauteng and Johannesburg governments.Sub-event
Johannesburg's Eskom debt is confirmed, with responsibility placed on the Gauteng provincial government.1 source
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The entities involved
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Johannesburg
largest city in South Africa
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Eskom
electricity utility in South Africa
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Gauteng
province in South Africa
Related events
- Eskom is the creditor for the City of Johannesburg's outstanding debt as of May 27, 2026.
- 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.
- A major economic hub in Gauteng, South Africa, is facing failure that is reported to impact national interests.
- National Treasury is imposing financial oversight and monitoring municipal compliance across provinces due to mismanagement.
- Eskom's historical debt is noted as a contingent liability on the South African government, impacting the nation's creditworthiness.