Dada Morero’s state of the city address was a cherry-picked fantasy of half-truths, in light of Joburg’s broken financial realities

‘There is no incentive to start or run a business in Joburg. There are no tax breaks, there are no hiring incentives, there’s just nothing’

Given its dire financial position, it’s no surprise Joburg took out a R3bn short-term loan to tide it over

The CEOs of Joburg’s barely functional utilities – like Joburg Water and City Power – are budgeted to cost R40m this year