The 2023/2024 Auditor General’s report reaffirms our long standing views pertaining to the City’s financial turmoil. This has been exacerbated by the widespread mismanagement, wasteful expenditure, lack of accountability and consequence management.
The 2023/ 24 Annual Report of the City of Johannesburg by the Municipal Public Accounts Committee (MPAC) highlights the following:
– Debt collection expenses surged from R30 million to R423 million, raising serious concerns.
– Allowance for debt impairment continues to rise, exposing poor financial management.
– R4.9 billion in Regulation 36 deviations, a sharp increase from R20 million, undermines transparent procurement.
– Water losses amounting to billions, with R1.4 billion in non-revenue losses.
– Electricity losses are staggering, with R1.4 billion in technical losses and R3.4 billion in nontechnical losses.
– JDA, JOSHCO, and MTC are factually insolvent, jeopardizing essential services.
It is worth noting that for the third consecutive year, the City has failed to improve its audit outcome, and some departments have regressed
Only two of the 13 entities have achieved a clean audit, which is an illustration of lack of prudent financial management and accountability.
ActionSA, therefore, demands urgent corrective measures. We propose livestreaming of all MPAC meetings to ensure transparency and accountability in public finances.
The more than 6 million residents of Johannesburg must be privy to decisions affecting their city.
ActionSA welcomes the Acting City Manager’s commitment to start the institutional review process
Johannesburg needs political and administrative leadership that prioritizes service delivery over wasteful spending and corruption.
ActionSA Demands Urgent Action on the Financial Crisis Facing the City of Johannesburg
The 2023/2024 Auditor General’s report reaffirms our long standing views pertaining to the City’s financial turmoil. This has been exacerbated by the widespread mismanagement, wasteful expenditure, lack of accountability and consequence management.
The 2023/ 24 Annual Report of the City of Johannesburg by the Municipal Public Accounts Committee (MPAC) highlights the following:
– Debt collection expenses surged from R30 million to R423 million, raising serious concerns.
– Allowance for debt impairment continues to rise, exposing poor financial management.
– R4.9 billion in Regulation 36 deviations, a sharp increase from R20 million, undermines transparent procurement.
– Water losses amounting to billions, with R1.4 billion in non-revenue losses.
– Electricity losses are staggering, with R1.4 billion in technical losses and R3.4 billion in nontechnical losses.
– JDA, JOSHCO, and MTC are factually insolvent, jeopardizing essential services.
It is worth noting that for the third consecutive year, the City has failed to improve its audit outcome, and some departments have regressed
Only two of the 13 entities have achieved a clean audit, which is an illustration of lack of prudent financial management and accountability.
ActionSA, therefore, demands urgent corrective measures. We propose livestreaming of all MPAC meetings to ensure transparency and accountability in public finances.
The more than 6 million residents of Johannesburg must be privy to decisions affecting their city.
ActionSA welcomes the Acting City Manager’s commitment to start the institutional review process
Johannesburg needs political and administrative leadership that prioritizes service delivery over wasteful spending and corruption.