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PAIA, 2000 (Act 2 of 2000) 
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other city news

Finance

Joburg’s finances are healthy

BETTER-THAN-EXPECTED figures for the first half of the financial year signal “a growing confidence among ratepayers who contribute to the city’s coffers”.
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Joburg is ‘healthy’

THE City has stressed that its finances are stable and that revenue collection is up while billing accuracy has improved.
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Joburg gets the nod from Fitch

THE global ratings agency has kept Joburg’s credit rating steady, signalling its ongoing confidence in the City’s ability to manage its finances.
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Joburg talks to investors

PRESENTATIONS are being given in Cape Town and Johannesburg to the investment community on the City’s audited financial statements, business plans and strategy for the future.
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City finances are balanced

RESIDENTS have been assured that the City’s financial position is “robust and healthy and that we will continue to manage it in a responsible manner”.
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Investors buy City bonds

THE response to institutional bonds issued by Johannesburg earlier this month shows a surge of investor confidence in the City, says the City manager.
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City pays R1bn to investors

JOHANNESBURG has paid out the first bond it issued, way back in 2004, with R1-billion going to the far-sighted investors who took up the offer.
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Call for pointers for Gordhan

CARRYING on the tradition of listening to citizens started by his predecessor, the minister of finance wants people to send him suggestions for his budget.
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City gets unqualified audit

THE successive clean audits are expected to improve investor confidence in Joburg and boost its credit ratings.
* The past year was a good one
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City looks to push economy

OFFICIALS from Joburg’s economic development department met with local business leaders to discuss ways of accelerating economic recovery.
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Jozi again leads the field

THE municipal public accounts committee, a pilot project for the country, keeps an eye on the City and how it spends its money.
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Two weeks to efiling deadline

WITH the tax return deadline just around the corner, taxpayers have been urged to step up and take action to avoid paying fines.
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City raises R758m in bond issue

JOBURG issued its second commercial paper, which was oversubscribed and snapped up by a handful of hungry investors.
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City holds credit rating steady

FITCH has kept Joburg's credit ratings steady, in a move that in the midst of the recession "says the business of the City is indeed in a healthy state".
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Strong budget in tight times

JOBURG Water and City Power get the biggest slice of Joburg's R26-billion budget, although capital expenditure drops substantially as big City projects near completion.
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Power, water expect budget cash

FEW surprises are expected in tomorrow's City budget, with the lion's share going to installing, upgrading and maintaining infrastructure, transport and building houses.
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Experts look at economic crisis

JOBURG has not escaped the effects of the global economic crisis, the impact of which on Gauteng and South Africa is the topic of a daylong seminar at Wits.
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Investor confidence in City stable

THE world may be in economic turmoil, but Joburg's Jozibonds are doing well, as is the City's credit rating.
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Joburg aims for 9% growth by 2014

THE city may be hit by the worldwide recession in the short term, but the long-term outlook is positive, a business breakfast has heard.
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Nepad summit ends on positive note

SMALL companies got valuable exposure at the first Gauteng Nepad Summit, which focused on increasing trade and investment in Africa.
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