The City of Johannesburg repaid a 1.44 billion rand ($88 million) bond this week, prioritizing investors even as it nears financial collapse, according to Bloomberg.
The repayment comes as the city continues to struggle to keep the lights on.
The City of Johannesburg repaid a 1.44 billion rand ($88 million) bond this week, prioritizing investors even as it nears financial collapse, according to Bloomberg.
The repayment comes as the city continues to struggle to keep the lights on.