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16 Media items

    City’s unique wins to fight national electricity shortages; well-run city drives Moody’s positive rating upgrade

    City’s unique wins to fight national electricity shortages; well-run city drives Moody’s positive rating upgrade

    28 May 2026

    ​The ratings agency Moody’s has recognised Cape Town’s proactive efforts to reduce the impact of national electricity challenges

    Cape Town receives upgrade from Moody’s ratings

    Cape Town receives upgrade from Moody’s ratings

    02 May 2025

    Mayor Geordin Hill-Lewis has welcomed the City’s credit rating upgrade announced by ratings agency Moody’s Investor Services on 2 May.

    Cape Town gets Moody’s Credit Rating Upgrade

    Cape Town gets Moody’s Credit Rating Upgrade

    01 July 2024

    The agency noted that good governance is enabling the City to fund major infrastructure investments due to the metro's healthy revenue collection rate keeping debt levels relatively low.

    Cape Town ranked first in latest Good Governance Africa index

    Cape Town ranked first in latest Good Governance Africa index

    18 March 2024

    The report notes that 'Cape Town, the highest ranked metro, scores well across the GPI categories

    Let us believe in the power of Team Cape Town in 2024

    Let us believe in the power of Team Cape Town in 2024

    31 January 2024

    As 2024 starts to take-off, optimism about our city abounds, and the light of hope is shining bright out of Cape Town.

    Cape Town receives a Clean Audit for 2022-23

    Cape Town receives a Clean Audit for 2022-23

    29 January 2024

    A clean audit is far more than just symbolic recognition, it is the very basis for better service delivery for residents

    Rating agency lauds Cape Town metro's 'excellent management practices'

    Rating agency lauds Cape Town metro's 'excellent management practices'

    28 June 2023

    The City is pleased that its stable outlook has been affirmed.

    City retains stable rating outlook, maintains low debt levels

    City retains stable rating outlook, maintains low debt levels

    29 August 2022

    ​The ratings agency Moody’s has retained the City of Cape Town's outlook as stable

    City of Cape Town rating outlook changed to stable

    City of Cape Town rating outlook changed to stable

    22 April 2022

    The City is pleased with this change in outlook from negative to stable

    City of Cape Town rating outlook changed to stable

    City of Cape Town rating outlook changed to stable

    21 April 2022

    The City is pleased with this change in outlook from negative to stable

    Routine electricity maintenance for 28 February - 6 March 2022

    Routine electricity maintenance for 28 February - 6 March 2022

    25 February 2022

    The City of Cape Town thanks customers for their patience as we do necessary routine maintenance on our electrical infrastructure next week in various areas of the metro.

    Phase 2A roll out of City’s Integrated Public Transport Plan to deliver 8000 jobs

    Phase 2A roll out of City’s Integrated Public Transport Plan to deliver 8000 jobs

    29 July 2021

    It has been a tough few weeks for our country, and while Cape Town was spared the chaos, looting-related violence and economic sabotage that affected other parts of South Africa

    City’s cash flow, debt collection levels healthy

    City’s cash flow, debt collection levels healthy

    19 July 2021

    Response to Moody's rating.

    City of Cape Town maintains its credit rating

    City of Cape Town maintains its credit rating

    30 June 2021

    According to the Moody’s rating report, ‘the credit profile of the City of Cape Town (Ba2/NP negative) reflects its strong financial performance

    City’s annual report tabled at Council

    City’s annual report tabled at Council

    29 January 2020

    Statement by the City's Executive Deputy Mayor, Alderman Ian Neilson

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