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You are here: Home / News / South Africa’s richest city is in serious trouble as it collapses in front of everyone’s eyes | SA News

South Africa’s richest city is in serious trouble as it collapses in front of everyone’s eyes | SA News

23 April 2026 by Guest

 ·22 Apr 2026

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A request made by the municipality of Johannesburg for additional financing from the Agence Française de Développement has been turned down.

This was revealed to Bloomberg by a person familiar with the situation, who asked not to be identified as the information isn’t public.

The denial by France’s national development bank was due to the city failing to meet the terms of a R2.5 billion loan it got from the AFD in 2024.

That funding was for the City of Johannesburg’s…

Rugby: Rugby is one of the most popular sports in South Africa, with the national
team, the Springboks, winning the Rugby World Cup three times (1995, 2007, 2019).

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Comments

  1. Guncap Slingbad

    9 September 2026 at 10:13 am

    Padkos – food for the journey [putt-koss] Food that you will pack and take on the road – some sandwiches, drinks, chips, fruit and biltong and you have your padkos!

  2. Easy Sweep

    4 September 2026 at 1:29 am

    The early bird catches the worm, but the second mouse gets the cheese

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