insert_link South Africa Ekurhuleni Mayor in S.A Hails Credit Rating as Validation of Financial Management Strength Nkosindiphile Xhakaza, Mayor of Ekurhuleni, lauds the recent credit rating announcement by Global Credit Ratings as evidence of the metro's robust and resilient financial management systems. The rating agency has affirmed Ekurhuleni's national scale long-term and short-term issuer ratings at BBB and A3 respectively. Phakamile Mbengashe, the city’s spokesperson, highlights that Ekurhuleni has effectively balanced its income and expenditure, safeguarding its financial standing from further deterioration. todayApril 19, 2024 24
insert_link South Africa South African city of Ekurhuleni’s New Mayor Prioritizes Sustainable Basic Services Nkosindiphile Xhakaza, the recently elected mayor of the South African city of Ekurhuleni, emphasizes that his primary focus is ensuring the consistent provision of essential services throughout the metro. He takes office as the fourth mayor in less than four years, succeeding Sivuyile Ngodwana of the African Independent Congress, who was ousted in a vote of no confidence last month. Xhakaza, representing the ANC, expresses confidence in his ability to […] todayApril 12, 2024 13
insert_link South Africa ANC’s Nkosindiphile Xhakaza Assumes Ekurhuleni Mayoral Position Amidst Council Delays Nkosindiphile Xhakaza, an ANC councillor, has secured the position of Ekurhuleni mayor in Gauteng, overcoming initial disruptions in the council meeting. Xhakaza's uncontested appointment swiftly resolved the leadership vacuum. The municipality has been embroiled in recent controversies surrounding financial statements, leading to clashes with the Auditor-General. Former mayor Sivuyile Ngodwana was ousted in a vote of no confidence, prompting Premier Payanza Lesufi to cite ongoing political disputes within the metro […] todayApril 12, 2024 15
