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revenue loss south africa


Moody’s downgrades 5 SA municipalities as revenue collection declines

International ratings agency, Moody's Investors Service, recently took rating actions on five South African Regional and Local Governments (RLGs) and one Government-Related Issuer (GRI).

Eskom still ‘stuck in the mud’ despite short-term wins

South African state-owned utility Eskom is undergoing a strategy review to overcome its bad rap of financial and governance challenges. According to the parastatal, the review is expected to be completed by September 2018. The aim...