SA’s credit rating – where we stand
Credit rating agencies Standard & Poor's and Fitch have both issued their latest ratings for South Africa - and the results are not positive.
View ArticleANC government driven by mad things: analyst
Well known analyst David Shapiro said that he will definitely not invest in a company run by our newly appointed ministers.
View ArticleFitch cuts Naspers debt to junk
Fitch Ratings has cut Naspers' debt to junk, citing a deterioration in the company’s profitability.
View ArticleSA’s credit rating status
2014 saw South Africa suffer credit rating cuts from two of the three top ratings agencies in the world - with the outlook for 2015 not looking very positive.
View ArticleNegative outlook for SA economy
Ratings agency Fitch has affirmed a negative outlook on South Africa's long-term foreign and local currency Issuer Default Ratings
View ArticleRand at worst-ever levels against the dollar
The South African rand continued to trade at its worst-ever levels against the dollar on Tuesday, amid a stagnant local economy and rising debt.
View ArticleGordhan’s appointment changes nothing: Fitch
Ratings agency Fitch said that the replacement of a second finance minister in South Africa within five days has not enhanced confidence in government effectiveness.
View ArticleInvestors already pricing in SA downgrade
Standard Bank is the latest financial institution to express concern over a possible downgrade of South Africa's sovereign credit rating to junk status.
View ArticleFitch downgrades Barclays Africa on sale plans
Fitch downgraded Barclays Africa Group and Absa Bank by one notch, bringing it into line with other major South African banks.
View ArticleHow to avoid a ratings downgrade in South Africa
Moody's will visit South Africa in the next week to make a decision on whether to downgrade its credit status to just one notch above sub-investment grade.
View ArticleRatings agencies aware of SA politics: Gordhan
Finance Minister Pravin Gordhan warned that ratings agencies factor in South Africa's current political turmoil when reviewing its credit rating.
View ArticleHow long it could take SA to recover from junk status
South Africa's sovereign credit rating is likely to be cut to junk status this year by at least one ratings agency, Standard & Poor's.
View ArticleWhat the Reserve Bank thinks about SA junk status chances
The Reserve Bank warns that South Africa faces a medium to high probability of a downgrade to non-investment status.
View ArticleRand hits R15 vs the dollar amid downgrade threat
The rand hit R15 versus the dollar for first time in more than three weeks during New York trade amid concerns of an imminent downgrade as a result of a weakened economy.
View ArticleDon’t put populist “quick fixes” before the economy: Fitch warns SA
Ratings agency Fitch has warned the South African government against making populist "quick fix" decisions ahead of the 2016 elections which could put the economy at risk.
View ArticleRand back below R15 vs the dollar as ratings agency says no recession for SA
Ratings firm S&P Global Ratings believes South Africa will not enter into a recession soon, Reuters reported.
View ArticleHow rating agencies make decisions about South Africa
Leon Myburgh of the South African Reserve Bank says that while the recent opinions from rating agencies were 'somewhat' positive, the country is not yet out of the woods.
View ArticleRand eyes R15 to the dollar as SA awaits Fitch rating, GDP data
The South African rand is looking set to break through R15 to the dollar again on Wednesday, having just recently drawn back under the psychologically important level.
View ArticleHow investors see South Africa: lots of potential, not worth the hassle
South Africa has narrowly survived a downgrade of the rating of its government bonds, but the reprieve is temporary.
View ArticleElection results may weaken Zuma’s position inside the ANC: Fitch
Fitch Ratings says that the pronounced drop in support for the ANC in the nationwide municipal elections increases the risk of more populist government policies.
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