City of Tshwane enters a phase of potential financial recovery [SOUND]

# Tshwane deputy mayor Eugene Modise says the metro is entering a phase of potential recovery, with positive indicators in its fiscal position and liquidity metrics. This as the Global Credit Rating has affirmed Tshwane’s unsolicited long-term rating at CCC, and revised its outlook to positive on easing liquidity risks and improving fiscal position. Deputy mayor’s spokesperson, Zonke Mahlangu, says a positive outlook fosters stability in revenue generation efforts: