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South Africa has been junked

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

Moody’s stays mum on SA status

The ratings agency did not make a decision on South Africa’s rating leaving some analysts asking just when the axe will fall

Kganyago: SA banks can hold out against a downgrade

Should Moody’s downgrade the country, South Africa will fall out of important global government bond indices

ANC wants Brics ratings agency as policy

​The ANC’s international relations subcommittee plans to push for the establishment of a Brics ratings agency to be official party policy.

Fitch becomes second agency to downgrade SA’s credit rating to junk

Fitch cited the recent Cabinet reshuffle as a reason for the downgrade.

S&P downgrades South Africa’s credit rating to junk status

The decision taken at an emergency meeting follows President Jacob Zuma's Cabinet reshuffle on Thursday.

Fitch changes South Africa’s credit rating outlook to negative

Moody’s will release the review of its credit rating, which is at two levels above junk with a negative outlook, later on Friday

Why credit ratings matter and why they can’t be ignored

Postgraduate researcher Mampho Modise explains the signifance of credit reviews and the impact a negative review could potentially have on SA.

Junk status is inevitable for South Africa, say economists

More than half of 12 economists surveyed by Bloomberg said S&P Global Ratings will strip the nation of its investment-level rating.

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Latest

Gauteng responds to grave concern

The news of Gauteng’s grave site preparations raised alarm about the expected number of Covid-19-related deaths in the province

Demolition of hope in Hangberg

The City of Cape Town in June twice knocked down structures on land allocated for other purposes. The city says these were not evictions; residents ask why no police are available for rapes and murders

Corruption allegations: It’s a family affair at Dihlabeng municipality

The mayor, her relatives and their friends keep landing lucrative tenders and using state resources. Yet Lindiwe Makhalema has failed to declare the list of her relationships with people and companies benefiting from the municipality

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Full-time Johannesburg-based CEO required for HI HOPES

An entrepreneurial, business-minded, impact-driven individual is sought to lead the organisation as it looks to scale and grow

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Balwin Properties’ Edge registration of over 16 000 units was a global first, covering more homes than any single property developer in the world to date

Young professional gets a career boost from PSETA

SAICA makes ongoing efforts to encourage the professionalisation of financial offices in private and public sector organisations

Colgate-Palmolive South Africa donates one million bars of soap

The combination of limited access to quality soap and a lack of knowledge of how to properly wash hands is a challenge in many vulnerable communities

Cheque value bundles – real value

Most people do not pay much attention to what bank account they have and whether or not it is suited to their daily realities

Absa Rewards puts cash in your pocket

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Municipal audit outcomes reveal public sector financial management must be professionalised

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Eleven ways to protect yourself against fraud

While financial services firms work continuously to improve security, fraudsters are always devising new plans to circumvent the latest safety measures

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