Tuesday, 15 September 2026

National Treasury announced a three-year intervention in Johannesburg, while a $1 billion New Development Bank loan will fund municipal service reforms tied to measurable targets.

Joburg Water and City Power face ring-fencing and spending problems: the city reportedly used conditional funds for Eskom and Rand Water while capital budgets remained underused.

Higher fuel prices are slowing consumer spending and business margins, but analysts said reforms remain a medium-term growth story and South Africa’s debt stabilisation provides protection.

Almost all global equity fund managers failed to beat their index over ten years; Warren Ingram recommended indexing as part of a diversified portfolio, not necessarily as the whole answer.

The Johannesburg Master’s Office is operating without a permanent head, with missing files, stalled trusts and difficult access to older records raising fraud and administration concerns.