The City of Johannesburg has noted with deep concern the circulation of false and misleading information alleging that R4 billion has gone missing from the bank account of Joburg Water, one of the City’s municipal entities. These allegations, being shared widely on social media and in some public forums, are entirely baseless, reckless, and create unnecessary panic among residents and stakeholders.

The Executive Mayor Councillor Dada Morero wishes to assure the public in the strongest possible terms that no funds have been lost. The City operates a well-governed, transparent, and legally compliant financial system that has been in place for over two decades. The financial arrangement under scrutiny is part of a longstanding institutional model known as the iGoli 2002 delivery model, which has underpinned the City’s governance and service delivery structure since the early 2000s.