Staff Reporter
The Johannesburg Stock Exchange has lifted the suspension on the City of Johannesburg’s listed debt instruments after the city tabled its annual report for the 2024/25 financial year, the city said on Sunday.
Executive Deputy Mayor and Member of the Mayoral Committee for Finance, Cllr Loyiso Masuku, welcomed the JSE’s confirmation, saying the tabling of the annual report had fulfilled a key regulatory requirement and restored the city’s full compliance with the JSE Debt Listing Requirements.
The city said the lifting of the suspension signalled to rating agencies, investors and residents that Johannesburg was stabilising governance, strengthening financial reporting, accountability and sound public finance management.
It said the decision was a step forward in restoring investor confidence and market credibility.
“The removal of the suspension confirms that the City is meeting its statutory and regulatory obligations.”
“The work does not end here. This milestone must translate into improved service delivery on the ground. Our focus remains on financial sustainability, clean audits, and ensuring every rand delivers value for the residents of Johannesburg,” Masuku said.
The city said proof of the JSE’s confirmation was available on request.
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