R200 billion disappears into thin air in Johannesburg

A staggering R200 billion has vanished from Johannesburg's coffers, with governance expert Professor Alex van den Heever attributing the loss to a broader infrastructure and investment backlog of R150 billion to R200 billion, accumulated over years of neglect. This shortfall has left the city facing a crisis, with corruption affecting almost every aspect of its operations. The disappearance of the funds highlights a systemic rot that threatens the very foundations of the city's governance and economic stability.