City of Johannesburg Sets Aside R83.1 Billion for 2024–2025 Budget

City of Johannesburg Sets Aside R83.1 Billion for 2024–2025 Budget

  • The City of Johannesburg has revealed that it plans on spending over R83 billion for the 2024-2024 financial year
  • More than half of the budget has been set aside for housing and City Power initiatives in the City
  • South Africans believed that the government would loot the money and showed no faith in the City's ability to spend the money well

Tebogo Mokwena, a Briefly News current affairs journalist in Johannesburg, South Africa, has covered policy changes, the State of the Nation Address, politician-related news and elections at Daily Sun and Vutivi Business News for over seven years.

The City of Johannesburg is going to spend over half of its budget on housing and electricity
South Africans think the City of Johannesburg will loot the R83.1 billion budget. Images: Olympia De Maismont/AFP via Getty Images and Allan Swart. Images are used for illustration only.
Source: Getty Images

JOHANNESBURG – The City of Johannesburg plans to spend more than half its R83.1 billion budget on housing and City Power in the 2024-2025 financial year.

City of Joburg to spend R83.1 billion in 2024, 2025

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Johannesburg's MMC for Finance, Dada Morero, presented the budget. According to SABC News, he revealed that the City earmarked R46 million for housing infrastructure and City Power within the City's Sustainable Services Cluster.

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The Health Department in Johannesburg's budget increased by 4.8%, meaning the City would spend R1.5 billion on health. He added that the City's three-year capital budget is R23 billion and includes disabled people.

South Africans have no faith in the City

Netizens on Facebook doubted that the City of Johannesburg would put the money to good use.

Law Marule said:

"Empty promises as usual. This Mapanyazela must make sure ANC does not lose Gauteng province. If it loses, he will rot in jail."

Dalu Malinga said:

"Around 8 billion will just vanish into thin air. Mark my words."

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Mororiseng Papole said:

"Crime in this country starts in that City Hall."

Lutando Shirley Layzo said:

"They will steal all of it with the nyaope mayor."

Noluthando Sibeko said:

"That is why Panyaza wants ANC to win Gauteng so that he can eat."

Mahashi Dawid IV said:

"Comrades must benefit. R82 billion is for the comrades."

Ayanda Mvala said:

"R83 billion will disappear into thin air."

Herman Mashaba slams Enoch Godongwana's MTBPS

Briefly News reported that ActionSA president Herman Mashaba slammed Finance Minister Enoch Godongwana's Mid-Term Budget Policy Speech (MTBPS) in a similar article.

Godongwana last year announced that the government would raise taxes and cut spending, and Mashaba railed against him, saying that his budget would cause more harm than good.

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Source: Briefly News

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