The power utility says that it won’t be lights out this winter
The South African Reserve Bank has given borrowers a little Easter holiday gift, announcing a 25 basis point cut in interest rates on Wednesday
Moody’s has revised the country’s outlook from negative to stable.
Ratings agency Moody’s is set to announce on Friday whether it will downgrade the country’s sovereign credit rating to junk
The budget should placate ratings agencies, but analysts say we need solid political leadership and policy reforms to evade full-blown junk status
“Should politics continue to improve, then credit ratings agencies might be willing to postpone a downgrade and the rand could hold onto its gains"
Gigaba’s future in President Ramaphosa’s cabinet is uncertain
The IMF may not believe in South Africa’s growth, but ANC president Cyril Ramaphosa should plan on preventing another ratings downgrade
The prospective rating agency is said to challenge the three pro-west dominant credit rating agencies Fitch, Moody’s and S&P global rating.
The City of Cape Town is currently rated Baa3 – the lowest level of investment grade, and is on review for a downgrade.
Moody’s placed South Africa on negative ratings watch but stopped short of downgrading South Africa outright.
Not even a Ramaphosa win can resolve problems in the short term, making a downgrade likely
S&P Global has downgraded SA’s credit rating to full junk status, while its counterpart Moody’s has placed the country on review for downgrade.
In a research report responding to the medium term budget policy statement, the absence of fiscal consolidation was “credit negative”.
The fact that Gigaba runs at a credibility deficit, may just be what sways ratings agencies to downgrade South Africa to sub-investment grade.
Telkom’s turnaround is extraordinary but the state may have to forfeit its rare resource to pay the failed airline’s debts
The new finance minister says he did not inform South Africa of the downgrade because it had been made in confidence
The decision taken at an emergency meeting follows President Jacob Zuma’s Cabinet reshuffle on Thursday.
Their opaque methodology and the inconsistent results generated in recent years have rightly brought ratings agencies under sharper scrutiny.
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 rand has strengthened 15% against the dollar this year after losing over 25% of its value in 2015.
Institutions issue warnings against government spending ahead of 2019 elections to win voters’ hearts.
Credit agency gives city a four-notch upgrade.
SA could pay up to R1-trillion to implement a nuclear programme, but a Russian state company says it may create thousands of jobs in the process.
Whenever an international credit rating agency such as Moody’s or Standard & Poor’s comes to town, I like to tidy up a bit.
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.
Moody’s ratings downgrade of South Africa’s four big banks cast the rescue of African Bank in a very different light.
Capitec Bank has come out fighting against what it believes is a kneejerk downgrade of its credit rating in the wake of the African Bank’s collapse.
The worst outbreak of the virus to date and the efforts to contain it will impact African economies.
Head of the country’s largest unsecured lender, Leon Kirkinis, has stepped down with immediate effect as the bank plans a capital increase.