
Johannesburg's R89 billion budget: Can it meet service demands?
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Johannesburg Finance MMC Margaret Arnolds unveiled the R89 billion budget for the upcoming financial year, signalling the city’s intent to meet rising service demands despite persistent fiscal hurdles. The budget has increased from R83 billion. Delivering her speech in Braamfontein on Wednesday morning, Arnolds’ budget outlined a city leaning heavily on water and electricity charges, which continue to be Johannesburg’s most significant revenue streams. With property rates and refuse collection fees also increased, the city is turning to its ratepayers to bolster financial stability. Phemelo gets reaction from DA Shadow MMC for Finance in the City of Joburg, Chris Santana and ActionSA COJ Chief Whip, Lebo Madukanene.