Johannesburg faces R2.1bn funding gap as its bills mount

Polity Audio Articles · Jul 2, 2026 · 3m

Johannesburg faces R2.1bn funding gap as its bills mount Johannesburg is starting a new financial year with a multibillion-rand budget that's not fully funded, potentially deepening a crisis that's already left it unable to pay for power and fuel supplies. South Africa's biggest city is facing an unfunded budget gap of about R2.1-billion for the year starting July 1, according to a framework seen by Bloomberg News. The National Treasury attributed the shortfall to city revenue projections that appear overstated relative to audited results, according to the document. The metro forecasts an…