municipal debt News
Latest articles and news about municipal debt on AXL Media.
Latest Articles
- French Development Bank Rejects Johannesburg Funding Plea Amid Governance Concerns and Unmet Loan Terms
Published: Apr 23, 2026
Section: Africa
The Agence Française de Développement has turned down a new financing request from the City of Johannesburg, citing the municipality’s failure to meet reporting and impact requirem...
- Eskom Declares Load Shedding Over for Winter 2026 as Energy Availability Factor Surges to 65%
Published: Apr 23, 2026
Section: Africa
Power utility Eskom has confirmed a stable power system for the 2026 winter months, projecting zero load shedding due to a 5.2GW reduction in unplanned outages and a R26.9 billion...
- Johannesburg Infrastructure Funding Crisis Deepens as French Development Bank Rejects New Financing Request
Published: Apr 23, 2026
Section: Africa
The Agence Française de Développement has declined additional funding for Johannesburg after the city failed to meet governance and reporting requirements for a R2.5 billion infras...
- Enoch Mgijima Municipality Issues Ultimatum to Residents Over Unpaid Rates and Service Fees
Published: Apr 20, 2026
Section: Africa
The Enoch Mgijima Local Municipality has threatened to block electricity purchases for over 200 households in Komani unless residents settle outstanding municipal debts by April 27...
- Decade Long Power Outage in Emfuleni Municipality Exposes Deepening Local Government Crisis
Published: Apr 17, 2026
Section: Africa
Residents in South Africa’s Emfuleni Municipality, including the industrial hub of Vanderbijlpark, have reportedly lived without electricity for over 10 years. Expert analysis sugg...
- Johannesburg Faces Credit Outlook Downgrade as Audit Delays Trigger JSE Bond Trading Suspension
Published: Apr 11, 2026
Section: Africa
The Global Credit Rating Company has revised the City of Johannesburg’s outlook to negative due to material uncertainties regarding its overdue 2025 financial statements. This fisc...
- City of Johannesburg Launches Mass Disconnections to Recover R1.4 Billion in Unpaid Government Debt
Published: Apr 6, 2026
Section: Africa
The City of Johannesburg has initiated a large-scale service suspension drive targeting provincial and national government departments. Following the expiration of a settlement dea...
- EThekwini Municipality Faces R79 Million Debt Crisis as Hundreds of Employees and Councillors Fall Behind on Payments
Published: Mar 26, 2026
Section: Africa
A February 2026 debt collection report reveals that thousands of municipal staff and dozens of councillors owe millions in unpaid rates and services. The city is initiating aggress...
- Eskom Projects R18 Billion Profit as Rising Tariffs Compensate for 5.7% Slump in Domestic Electricity Sales
Published: Mar 25, 2026
Section: Business & Economy
National utility Eskom is forecasting a second consecutive year of profitability with an expected R18 billion gain, despite a significant decline in both local and international en...
- Knysna Municipality Launches Strategic Debt Incentive Scheme to Clear Arrears for Struggling Garden Route Households
Published: Mar 21, 2026
Section: Africa
The Knysna Municipality has introduced a financial relief program allowing qualifying residents to have up to 50 percent of their municipal debt canceled. To benefit from the one-t...
- Fourteen KwaZulu-Natal Municipalities Face Financial Crisis Over Two Hundred Twenty Five Million Rand Debt Escalation
Published: Mar 12, 2026
Section: Africa
A recent audit by the KwaZulu-Natal Department of Cooperative Governance and Traditional Affairs has revealed that 14 municipalities have defaulted on critical third-party contribu...
- Eskom Initiates Legal Action Against 14 Defaulting Municipalities As Arrear Debt Surpasses R110 Billion Milestone
Published: Mar 6, 2026
Section: Africa
South African utility Eskom has launched formal legal proceedings under the Promotion of Administrative Justice Act to address a persistent rise in municipal debt. The utility has...