Tuesday, 15 September 2026

National Treasury will support Johannesburg through a three-year intervention, with DBSA-linked funding targeting governance, financial stability and operational performance at Joburg Water, City Power and Pikitup.

Joburg’s conditional grants and capital funding remain poorly controlled: only about half of municipal capital budgets had been spent, while money intended for services was used to pay Eskom and Rand Water.

Investment strategist Isaac Wedendahl said higher fuel prices will slow consumer spending and business margins, but reforms such as private freight access and electricity projects should still lift growth over 18 to 24 months.

Johannesburg’s Master’s Office is operating without a permanent head, with missing files, stalled trusts and access to older trust records taking up to a year, creating fraud and theft risks.

Warren Ingram said nearly all global equity fund managers failed to beat their index over ten years; investors should consider index funds, while paying active managers mainly for risk management.