🚨BREAKING NEWS🚨
The financial achievements of the Tshwane administration after 1 year in office 💰💸:
1. Passed the first fully-funded budget in 4 years
2. Reduced Eskom debt from R6.7 Billion to R5.6 Billion and current account is fully paid and up to date
3. Cash reserves up from R365 million achieved in the first 100 days to R1.9 Billion as of September 2025
4. Debtors book reduced from R35 Billion to R27.99 Billion
5. R4.63 Billion VAT liability debt fully settled
6. The liquidity ratio increased from 0.42 to 0.88 as of September 2025
7. Revenue collection stands at 82% with billing accuracy at 98%
8. Areas of non-compliance in the auditing process reduced from 13 to 6
9. Global Credit Rating Agency revised Tshwane's outlook from Negative to Positive
10. R14.4 Billion in unauthorized, irregular expenditure investigated
11. Business has pledged R86 Billion in investments
12. Moody has given Tshwane a stable outlook
The city of Tshwane is recovering from the collapse left behind by the previous administrations