The City of Johannesburg has secured a loan of R3.8 billion aimed at addressing its electricity issues. The funds will be used to tackle the backlog in maintenance and major capital works, which is expected to take time to resolve.

The Auditor-General has reported that the financial situation in Johannesburg requires immediate attention, noting a general regression in audit outcomes among metropolitan areas.

Despite a reduction in load shedding and fewer power cuts in South Africa, electricity bills are increasing. This rise in costs is attributed to significant tariff increases approved by the National Energy Regulator, leading to confusion among consumers about why prices are climbing when the power supply is more stable.

The City of Johannesburg has decided to write off approximately R918 million in historical irregular and unauthorized expenditures, which has led to a debate among councillors regarding governance and accountability. Leaders from ActionSA and the DA have raised concerns about financial mismanagement, while the ANC defends the decision as a necessary measure to address past issues.

In South Africa, 47% of the population faces energy poverty, spending a significant portion of their income on inadequate electricity. The situation is worsening due to the growth of informal settlements, exacerbated by the Covid-19 pandemic. A study focused on the Qandu Qandu settlement examines the impact of a basic solar grant on providing cheaper electricity, raising questions about the viability of solar mini-grids as a solution for those leaving the traditional electricity network.

According to Sowetan, South Africa's major cities are struggling with financial management, as highlighted by auditor-general Tsakani Maluleke. She warns that deteriorating governance, failing service delivery, and significant losses due to irregular expenditure pose a threat to the country's sustainability.