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City of Cape Town faces credit rating downgrade | Cape Argus

DEAR CAPE TOWN – Silence and secrecy on everything: “Johan van der Merwe, mayco member for finance, asked for questions…

By , in dear south africa , at 9th Jul 2018


DEAR CAPE TOWN – Silence and secrecy on everything:

“Johan van der Merwe, mayco member for finance, asked for questions to be e-mailed. There was no reply at the time of going to print.”

City of Cape Town faces credit rating downgrade | Cape Argus 30764954 23842767883750164 4514988828372500480 n

City of Cape Town faces credit rating downgrade | Cape Argus

A credit downgrade looms as the water crisis slices through its funds, prompting the City to increase borrowing for the first time in four years.


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