Here’s how Moody’s rates Johannesburg’s financial outlook after concluding review
The review of Johannesburg's credit rating was the result of a delay in producing audited financial statements.
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The review of Johannesburg's credit rating was the result of a delay in producing audited financial statements.
The city is on the agency's watch over its delinquent financial statements.
Ratings agency Global Credit Rating last week adjusted Johannesburg's ratings outlook to negative due a lack of audited financial statements.
Financial statements were supposed to be tabled before parliament by 30 September 2025.