As coalition discussions intensify, the party could end up making significant policy concessions to navigate South Africa’s uncertain future
Earlier this year, the ratings agency warned that a significant increase in the government’s debt-to-GDP ratio could knock its credit rating
The debt relief amounts to almost as much as the power utility has received in bailouts since 2008
The minister said there may be different styles depending on the candidates, but the party’s policies will not waver
Growth in the third quarter is encouraging, but analysts have cautioned against viewing the data as a sign of the economy’s improved health
South Africa’s fate is tied to China’s, but war-related disruptions in the global energy market keep exports going
The new finance minister has a difficult task, but analysts say his political capital will help him hold a hard line on state spending
With little money to respond to Covid-19, the government is looking at other sources of funding
The ratings agency is expected to say on Friday whether it will downgrade SA’s credit rating to junk, but it could hold off until the Covid-19 pandemic eases
The ratings agency is scheduled to announce its decision on a possible downgrade of SA credit worthiness on March 27
Rating agencies have been at the centre of major financial crises
The package has echoes of previous promises but ministers say that this time they will be kept
Cyril Ramaphosa has to get his entire Cabinet and the ruling ANC to pull in the same direction to make it work
The ratings agency also flagged the recent rand depreciation as something which could complicate policy meant to tackle low GDP growth
Donald Trump has threatened to go after all imports from China if the country refuses to change policies Trump says harm US industry
The prospective rating agency is said to challenge the three pro-west dominant credit rating agencies Fitch, Moody’s and S&P global rating.
Moody’s placed South Africa on negative ratings watch but stopped short of downgrading South Africa outright.
Experts warn state clinics and hospitals are likely to further deteriorate as the public purse shrinks.
The new finance minister says he did not inform South Africa of the downgrade because it had been made in confidence
Their opaque methodology and the inconsistent results generated in recent years have rightly brought ratings agencies under sharper scrutiny.
Today’s #MTBPS2016 will be key to South Africa averting a credit downgrade by rating agencies.
Two rating agencies delivered some good news on Friday evening when both kept their credit ratings and outlook for South Africa unchanged.
Moody’s is the second ratings agency in 2014 to downgrade South Africa and Fitch, analysts warn, could very well do the same next month.
The International Monetary Fund is looking to cut its expectations of South Africa’s GDP growth this year, a senior official has hinted.
Just hours after Fitch changed its outlook on SA’s credit rating to negative, Standard and Poor announced its downgrading by one notch.
The rand has moved up and down by news of both Fed tapering and Fitch’s affirmation of the country’s credit rating.
Fitch has lifted Transnet’s long-term foreign-currency rating two levels to BBB, its second-lowest investment-grade level, with a stable outlook.
Eskom has said its downgrading by credit ratings agency Fitch highlights the need for the parastatal to be financially sustainable.
Some blame the occult, others the eurozone, but France gets down to brass tacks.
A downgrade because of rampant expenditure will have severe fiscal implications for SA.
Transnet and Eskom bonds are now more highly rated than US government bonds, according to the latest ratings by Fitch and Moody’s Investments.
Greece will be ruled in default on its debt as a result of a new eurozone plan, Fitch ratings agency said on Friday.