The projected economic growth trajectory remains insufficient to address structural unemployment
The growth outlook is insufficient to alter unemployment dynamics, some argued
But international investors are unlikely to accept ratings they perceive as lenient
But the cinema group’s chief executive insists that the show will go on as load-shedding abates
With the country’s economy on the brink, the ‘Big Three’s’ employment and growth promises hold more weight than ever
The utility’s R400 billion debt has fed into the country’s 15-year energy crisis and low growth potential, which has been identified as a key credit weakness
There’s not just one person to blame for decades of mismanagement of an electricity crisis that was made known some 25 years ago
Economist don’t expect an upgrade anytime soon, but the country is in a better position to claw back its investment grade rating
Africa’s largest oil producer has not been able to cash in fully on the price rally because of lacklustre production and its reliance on imported fuel
The treasury is meeting rating agencies that identified the public service compensation as a threat to South Africa’s credit outlook
As the ANC’s Youth League leader, Julius Malema spooked investors a decade ago by popularising calls to nationalise the mines
Covid-19 cast the economy adrift, but a less punishing new phase of the pandemic could set it back on track
The ratings agency warned that South Africa’s public finances could be affected if the government reacts to the riots by easing fiscal policy
The South African Reserve Bank governor believes the state has to spur growth, restore the country’s public finances and arrest debt to escape the economic slump
Experts offer their advice about what Finance Minister Tito Mboweni should focus on in next week’s budget speech
The narratives about the African country’s debt crisis are being used as fodder in geopolitical battles
Treasury says the credit ratings downgrade “could not have come at a worse time”, as country enters a 21-day Covid-19 lockdown with little money saved up
The ratings agency did not make a decision on South Africa’s rating leaving some analysts asking just when the axe will fall
Should Moody’s downgrade the country, South Africa will fall out of important global government bond indices
The ANC’s international relations subcommittee plans to push for the establishment of a Brics ratings agency to be official party policy.
Fitch cited the recent Cabinet reshuffle as a reason for the downgrade.
The decision taken at an emergency meeting follows President Jacob Zuma’s Cabinet reshuffle on Thursday.
Moody’s will release the review of its credit rating, which is at two levels above junk with a negative outlook, later on Friday
Postgraduate researcher Mampho Modise explains the signifance of credit reviews and the impact a negative review could potentially have on SA.
More than half of 12 economists surveyed by Bloomberg said S&P Global Ratings will strip the nation of its investment-level rating.
The ANC has called on South Africans to help grow the economy after ratings agency Fitch changed its outlook on SA’s credit rating to negative.
A government plan to introduce a new credit amnesty and allow records of old debts to be removed from credit systems has been criticised by Fitch.
The outlook for South Africa’s credit rating remains negative, with concerns over the government’s ability to curb spending and mining strikes.
No image available
/ 16 January 2012
The rand is expected to have a tough week after rating agency Fitch announced its downgrade of South Africa’s outlook rating.
Due to the country’s failure to create jobs and improve economic growth, Fitch has revised South Africa’s outlook from stable to negative.
No image available
/ 19 December 2011
With a fix to the eurozone crisis "technically, politically beyond reach", China’s economy slowing and SA struggling, markets remain deeply unsettled.
No image available
/ 11 November 2008
Standard & Poor’s cut the outlook for South African ratings to negative from stable on Tuesday on concerns about a large current account deficit.