Moody's

 
Land: ‘Financial suicide’
Land: ‘Financial suicide’
Economists who have modelled the future of the economy should the country opt for the expropriation of land without compensation have predicted the...
MTBPS catches markets off-guard
MTBPS catches markets off-guard
This week’s medium-term budget policy statement (MTBPS) was a bitter pill for markets to swallow and could affect how ratings agencies, especially Moody’s, view the country’s prospects, according to analysts....
'Weak state entities a risk to SA's credit rating' — Moody's
'Weak state entities a risk to SA's credit rating' — Moody's
South Africa's credit rating would be downgraded if state owned enterprises (SOEs) raise government's debt burden, Moody's warned.
Rand firm as Moody's delays ratings move
Rand firm as Moody's delays ratings move
The rand strengthened further on Monday after Moody's Investors Service held off on its ratings review of South Africa on Friday.
Nene promises financial prudence as all eyes turn to the MTBPS
Nene promises financial prudence as all eyes turn to the MTBPS
Finance Minister Nhlanhla Nene gave assurances on Thursday that government was committed to fiscal prudence, despite additional spending pressures...
Bleeding SA turns to Ramaphosa
Bleeding SA turns to Ramaphosa
The government has not been sitting on its hands since the announcement on Tuesday that the country is in a technical recession, the treasury’s...
Bloodied economy’s future is grim
Bloodied economy’s future is grim
The economy shrank for a second consecutive quarter, Statistics South Africa announced this week, dashing hopes that the country could dodge this...
No let-up in Turkey lira slide after Moody's downgrades
No let-up in Turkey lira slide after Moody's downgrades
The Turkish lira showed no sign of recovery as it slid further against the US dollar on Wednesday, hours after Moody's downgraded its credit...
Talk of state spending rings hollow
Talk of state spending rings hollow
The ANC’s proposed economic stimulus package to boost growth and possible plans by the government to pump more money into ailing parastatals...
Eskom posts R2.3bn loss, R19bn in irregular expenditure
Eskom posts R2.3bn loss, R19bn in irregular expenditure
Eskom suffered a net loss of R2.3-billion in 2018, the state-owned power producer revealed at it financial results presentation on Monday.
African trade far from free
African trade far from free
South Africa has finally signed the Africa Continental Free Trade Agreement, but the journey towards creating a common market of goods and services...
Jo’burg cash flow under a microscope
Jo’burg cash flow under a microscope
It was third time lucky for Johannesburg mayor Herman Mashaba, who finally managed to get the City of Johannesburg’s 2018–2019 budget approved....

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