Latest articles on FITCH

China blamed for Zambia’s debt, but the West’s banks and agencies enabled it

The narratives about the African country’s debt crisis are being used as fodder in geopolitical battles

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.

ANC calls on South Africans to grow economy

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.

Fitch criticises SA govt’s new credit amnesty plan

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.

SA’s Moody rating remains bleak amidst ongoing strikes

The outlook for South Africa's credit rating remains negative, with concerns over the government's ability to curb spending and mining strikes.

SA assets hit by outlook downgrade

The rand is expected to have a tough week after rating agency Fitch announced its downgrade of South Africa's outlook rating.

Fitch drops SA’s outlook to negative

Due to the country's failure to create jobs and improve economic growth, Fitch has revised South Africa's outlook from stable to negative.

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