From R13bn debt to ‘out of the woods’: Tshwane mayor claims financial recovery

Author: Buhle BamPublished on: October 12, 2026Country: South Africa
Business & Economy
From R13bn debt to ‘out of the woods’: Tshwane mayor claims financial recovery

The Tshwane mayor claims the city has recovered from a R13 billion debt, indicating a financial turnaround. He emphasizes that the city's economic situation has improved and it is now out of financial danger. This statement comes after a period of economic difficulties for Tshwane. No additional specific measures are detailed in the article.

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