|

Credit rating agencies provide markets with credit opinions of the City based on detailed history of borrowing and repayment, as well as the availability of assets and extent of liabilities.
City continues to improve rating Tuesday, 26 August 2008 A number of factors have contributed to Joburg's improved rating; the "biggest by far is revenue collection", followed by solid management, its turnaround strategy, and credit control. Read more
AA-credit rating for City Friday, 08 August 2008 Johannesburg has received good news from the international agency Fitch Ratings, which has upgraded its credit ratings, saying its outlook is stable. Read more
City celebrates clean audit Monday, 10 March 2008 Executive Mayor Amos Masondo thanked his staff for achieving a clean audit report from the auditor-general with a sumptuous banquet. Read more Joburg is Africa's economic leader Wednesday, 28 November 2007 A recent study has confirmed what has been suspected all along – Johannesburg is the continental leader and economic hub. Read more A+ credit rating for Joburg Wednesday, 25 April 2007 In a display of confidence in the City's ability to repay its debts, the international credit rating agency Fitch has upgraded its long-term credit rating. Its upcoming unsecured bond issue has also been rated 'stable'. Read more
International nod for Joburg's credit control Tuesday, 30 May 2006 Fitch, an international ratings agency, upgrades the City's long-term credit rating, just a day after a local company gives Johannesburg the thumbs up. Read more
|