
Moody's has completed its review of Johannesburg's credit rating, which was prompted by delays in the production of audited financial statements. The agency's assessment will influence the city's financial outlook moving forward.
Latest stories tagged “Johannesburg”

Moody's has completed its review of Johannesburg's credit rating, which was prompted by delays in the production of audited financial statements. The agency's assessment will influence the city's financial outlook moving forward.

Urban farming initiatives in Johannesburg are aiding the city's poorest households in their struggle for survival, according to Moneyweb. However, these programs require larger investments to expand their impact and effectiveness.

Urban agriculture in Johannesburg is gaining recognition as a means to combat food insecurity and enhance urban greening in response to climate change. This practice includes various methods such as vertical farming, green roofs, and community gardens. However, there is a call for increased investment to support these initiatives, according to The Conversation Africa.

The Johannesburg Roads Agency (JRA) has raised concerns about the structural integrity of several bridges on the city's main motorways, indicating they are at risk of collapse. The agency is investigating the factors contributing to the deterioration of these critical infrastructures.
A group of recruits from the Johannesburg Metro Police Department is contesting the city's decision to cancel their appointments, which they claim is linked to allegations of corruption. Their challenge comes after two years of effort to join the force, putting their future in law enforcement at risk.
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.

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 City of Johannesburg has initiated a crackdown on illegal billboards, including one promoting Netflix's 'The Polygamist'. This action targets an individual known as 'Jonasi', who was perceived to be beyond the reach of enforcement efforts, according to The South African.

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

Liquideep is set to host its first curated live experience in Johannesburg, with the event scheduled to take place in Braamfontein in July.

The City of Johannesburg has halted repairs on potholes and traffic lights amid growing concerns about its financial liquidity. Despite the city's denials of being near insolvency, it faces increasing pressure to address its poor financial performance, which has raised alarms among residents and stakeholders, according to The Citizen Business.

Johannesburg has taken out a significant loan to address its electricity issues, as the city's power infrastructure and billing systems require urgent improvements. A survey indicated that only 38% of residents were satisfied with their electricity services in 2023/2024, a sharp decline from 77% in 2017/18. The auditor general reported that the city allocated only 1% of its operating budget for maintenance in 2024/25, well below the recommended 8%.

According to TechCentral, Johannesburg's enterprise IT departments are experiencing a significant tech skills exodus, overshadowing the start-up scene in Cape Town. This trend raises concerns about the future of the tech workforce in South Africa as skilled professionals leave the region.

The City of Johannesburg has initiated a crackdown on illegal billboards, including one promoting Netflix's 'The Polygamist'. This action targets an individual known as 'Jonasi', who was perceived to be beyond the reach of enforcement efforts, according to The South African.

Liquideep is set to host its first curated live experience in Johannesburg, with the event scheduled to take place in Braamfontein in July.