18.05.2015 18:24:00

Tshwane, City of -- Moody's: South African metros' borrowing to rise to fund infrastructure projects

Johannesburg, May 18, 2015 -- South African metropolitan municipalities' borrowing is expected to increase over the next three years to help pay for infrastructure spending needed to provide adequate electricity, water, roads and social housing for growing populations, Moody's Investors Service said in a report published today.

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