Johannesburg Sees Path to Ratings Upgrade From Moody’s Outlook

The City of Johannesburg, which is on the verge of financial collapse, said Moody’s Ratings’ positive outlook on the municipality’s credit assessment provides a path to an upgrade that the authorities will seek to achieve through better governance. The City of Johannesburg, which is on the verge of financial collapse, said Moody’s Ratings’ positive outlook on the municipality’s credit assessment provides a path to an upgrade that the authorities will seek to achieve through better governance.