Moody’s Upbeat on Johannesburg’s Finances Despite Political Woes
Johannesburg, South Africa’s richest city and economic hub, received a vote of confidence from Moody’s Ratings despite a record of political dysfunction and wasted spending that’s prompted the national government...
By Robert Brand · Bloomberg Markets
Johannesburg, South Africa’s richest city and economic hub, received a vote of confidence from Moody’s Ratings despite a record of political dysfunction and wasted spending that’s prompted the national government to threaten to withdraw funding.