Capital expenditures, as shown in the notice, applies to long-term investments such as water and sewage, electricity, road and apartment.
For 2025/26, the capital of Joburg, 42.2% (approximately R3.1bn), should be financed by 42.2% (approximately R3.1bn) to support the unique infrastructure projects.
This is the third long-term loan of years to finance the capital costs of the city.
It was the total budget of the city for 2024/25 R83.1bn.
In 2024, the Thecouncil confirmed a R2.5bn loan from the French Development Agency, which should be paid in 15 years. .
In 2023, R1BN was approved by the IFC, as well as support the development of infrastructure, especially to help Johannesburg with water reservoir upgrades.
Joburg water recently said that a new infrastructure project that will help improve the water supply in the Midman has been invested in the new infrastructure project of R95M. The construction of the new period and a pumping station project continues and will serve as an additional capacity to the reservoir complex in the existing period.
Joburg Finance LLC Margaret Arnolds said that a part of the loan will be directed to capital costs, the construction of water infrastructure such as reservoirs to help improve supplies. “Income created by Joburg water will be used to get out of credit. The amount for what we target is not very small; perfect,” said Arnolds.
“We do not want to finish the Visdomic funds for our apology and other needs. Thus, this is the public first, then the Assembly; This is not something that will make one-sided.”
He said it would be transparent about the process. “Finally, this will return to me and others, and if people oppose it or cause concern, we will have to progress how to move forward.”
However, Prostand Chris Santana for finance, Shadow LLC, said the party needs more clarity in the loan. “When I remembered me, they said that when he says” for capital costs “, they say that the reservoir will be pursuant to understand.
“But as a resident, as a member of the city as a member of parliament, I do not want to be in a situation for us to be able to finance the things that the city should actually apply, as well as in a position to deal with technical losses and income collection.”
Santana said the city’s individual record and really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really really needed. “So we do not know or do not appreciate, and this is another problem.”
Of course, this is just people with meters and bypass services. The value of the sub-line, living and services is actually the ability to pay for people. “
Public statements related to the proposed loan agreement must be submitted until April 30.
