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Johannesburg approved a R90bn budget adjustment for 2025/2026 due to revenue shortfalls and debt, cutting key services and raising capital for infrastructure.
The City of Johannesburg approved a R90bn adjustment budget for 2025/2026 after a week-long delay, citing revenue shortfalls and insufficient review time.
Key services like Johannesburg Water and Pikitup faced cuts due to poor collections, while a R1.4bn wage increase from a pay equity agreement strained budgets.
Debt impairment rose by R1.1bn as unpaid bills grew, with R69bn in outstanding municipal debt.
Despite overspending R3.9bn by January 2026, Mayor Dada Morero cited financial resilience and plans to raise capital for water and sewer upgrades.
The 2026/2027 budget is expected by May.
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Johannesburgo aprobó un ajuste presupuestario de R90 mil millones para 2025/2026 debido al déficit de ingresos y la deuda, recortando servicios clave y recaudando capital para infraestructura.