Budget Speech 2026/27: a Fully Funded Budget to Sustain Tshwane’S Turnaround and Serve Its People

Cllr Eugene Modise
Deputy Executive Mayor of Tshwane and MMC for Finance

By Cllr Eugene Modise
Deputy Executive Mayor of Tshwane

City of Tshwane Deputy Executive Mayor and MMC for Finance, Eugene Modise, presented the R58.5 billion budget for the 2026/27 financial year on May 21, 2026.

The presentation took place at Tshwane House and represents the city’s second consecutive fully funded, pro-poor budget.

Mayor of Tshwane and MMC for Finance,during Council today held at Tshwane House.

This budget is guided by the theme of sustaining the turnaround and leaving the City better than we found it.

We inherited financial disarray, weakened controls, cost pressures, liquidity strain,
and institutional instability, the effects of which still shape governance today.

The budget is grounded in sound financial governance and has been assessed by National Treasury as credible and fully funded, reflecting progress in restoring fiscal discipline after a period of institutional weakness.

Tshwane is also recognised by National Treasury as the leading municipality in the
country in terms of reform implementation and fiscal recovery progress.

We also acknowledge the role of our coalition partners in sustaining this turnaround.

Full budget speech attachment:

{Budget Speech For Tshwane Deputy_Executive Mayor – Cllr Eugene Modise_}Budget_Speech 2026_27