Promises · Wednesday, 27 May 2026 · Budget Speech

Introduce and institutionalise interim financial statements.

AI draft.Drafted by AI from the livestream; the quote below is what was said. Use the timestamp to check it before you quote it.

No dateLoyiso Masuku · Deputy Executive Mayor · MMC for Finance
01:03:2027 May 2026· Report an error
Latest: City says under way, 7 October 2026 (AI judgment)
Deadline: none given.
Evidence: quote · 1 City report
“We will also introduce and institutionalize a culture of interim financial statements”
- City says under wayCity newsroom, 07 Oct 2026: Gauteng municipalities commit to stronger financial management through interim reporting protocol
  “When we close our books properly every quarter and every half of the financial year, we see the problems while they are still small.”

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