The City of Johannesburg has tabled a R97.1 billion budget for the 2026/2027 financial year , with a strong focus on reforming struggling municipal trading entities and stabilising service delivery infrastructure.
Delivering the budget speech at the Johannesburg Council Chamber, MMC for Group Finance Loyiso Masuku warned that years of governance failures, weak revenue collection and ageing infrastructure had severely weakened key services such as electricity, water and waste management .
Masuku says electricity distribution losses stand at 27, while non-revenue water losses exceed 40, with infrastructure renewal backlogs across City Power, Johannesburg Water and the Johannesburg Roads Agency exceeding R185 billion.
