City drains R3.4bn from Johannesburg Water, leaving entity stranded and projects stalled
Daily Maverick | 29.07.2026 04:15
On the last day of June, the City of Johannesburg took R3.4-billion out of Johannesburg Water’s (JW’s) account — leaving the entity with a balance of zero. Only on 9 July was money from the ringfenced funding transferred back into the account.
