City of Ekurhuleni (May 2023)

Research
statistical-img (1)
Credit Reports

Over 1500 reports, spanning 22 countries, detailing GCR’s opinion regarding the creditworthiness of an entity, a security or financial instrument, or an issuer of securities or financial instruments.

industry-img (1)
Industry Reports

A collection of publications, providing you with key industry analysis and insights across various geographical regions.

SFresearchsite (1)
Monitoring Updates

Dashboards exhibit key performance metrics related to Structured Finance transactions publicly rated by GCR, which include credit enhancement levels, excess spread, defaults, recoveries and covenants.

Filename 2023-04-Ekurhuleni-Report.pdf
Filesize 253.64 KB
Version 1
Date added May 25, 2023
Category Corporates, Credit Rating Reports
Tags South Africa

The City of Ekurhuleni (Ekurhuleni or the Metro) is a Category A municipality located in South Africa’s economic heartland of Gauteng. It comprises nine towns and 17 township areas, housing just under 4 million people. Having been formed by the amalgamation of all these towns and townships, the Metro does not have a defined city center, but rather is composed of several high-density areas supporting different economic activities. Ekurhuleni contributes around 6.8% to South African’s GDP and 19.7% to that of Gauteng.