The South Africa Metro Trading Services Program is a $925 million Program-for-Results (PforR) operation and represents the World Bank’s first use of this financing instrument in South Africa. It is designed to support improved accountability, financial and operational performance of trading services (water supply and sanitation, electricity, and solid waste management). The PforR will be implemented across the country’s eight metropolitan municipalities, namely Buffalo City, the City of Cape Town, City of Ekurhuleni, City of Johannesburg, City of Tshwane, eThekwini, Mangaung, and Nelson Mandela Bay. These municipalities collectively serve over 22 million residents and are central to South Africa’s economy and urban development agenda.
