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Africa’s richest city promises creditors billions it cannot yet access as Treasury freezes funds and Eskom power-cut threat looms
Johannesburg is relying on $221 million in frozen government funding to pay Eskom and Rand Water as mounting debt, asset seizures and possible power cuts deepen concerns over the finances of Africa’s richest city
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iol.co.za
City of Joburg faces fresh financial blow as Treasury withholds equitable share
The National Treasury has temporarily withheld part of Johannesburg's July equitable share transfer, placing further pressure on the metro's finances despite assurances by city…
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africa.businessinsider.com
Africa’s richest city loses state funding as South Africa cracks down on wasteful spending
South Africa has suspended state funding to Johannesburg and 68 other municipalities over financial mismanagement, increasing pressure on Africa’s richest city ahead of November’s…
