ratings downgrade

 
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.
Rand firms for second day as markets consider downgrade unlikely
Rand firms for second day as markets consider downgrade unlikely
The rand continued to firm for a second day on Thursday morning, as markets considered it unlikely that Moody's will downgrade South Africa's...
Eskom signs R20bn credit facility amid 'unfortunate' downgrade
Eskom signs R20bn credit facility amid 'unfortunate' downgrade
Eskom has described the timing of Tuesday's downgrade of its long-term debt by S&P Global Ratings as "unfortunate", as it announced that it has...
South Africa's future may hinge on Ramaphosa's strategic skills
South Africa's future may hinge on Ramaphosa's strategic skills
South Africa’s 2018 State of the Nation address by the president of South Africa has been postponed. This unprecedented step makes it...
SARB stalls cuts in rates
SARB stalls cuts in rates
Despite the rand appreciating against the dollar, and the low electricity tariff increase granted to Eskom last year, the South Africa Reserve Bank...
Moody's cautious on Ramaphosa win
Moody's cautious on Ramaphosa win
While a Cyril Ramaphosa win could mean a positive shift for policy and the country’s ratings outlook, his narrow victory and opposition within...
Recession risks hitting healthcare where it counts
Recession risks hitting healthcare where it counts
South Africa’s dwindling economy and recent ratings downgrades could topple the country’s already fragile public health systems, experts have...
Mbalula lashes out at Gordhan and other ANC leaders
Mbalula lashes out at Gordhan and other ANC leaders
Fikile Mbalula, ANC national executive committee member and newly elected police minister, has accused some party leaders who have...
From Cabinet reshuffle to junk status in just 90 hours
From Cabinet reshuffle to junk status in just 90 hours
It took just 90 hours after President Jacob Zuma axed Pravin Gordhan as finance minister for South Africa’s credit rating to be downgraded to...
South Africa is on a cliff edge – just as it was in 1985
South Africa is on a cliff edge – just as it was in 1985
Current developments in South Africa are reminiscent of events in 1985. In that year South Africa experienced high costs from currency depreciation and adverse political developments. At the time the country faced increasing international sanctions and isolation, while the exchange...
South Africa has a new energy plan. But will it break the bank?
South Africa has a new energy plan. But will it break the bank?
The release of South Africa’s long-awaited update to the Integrated Resource Plan is...
S&P: Undermining key institutions could see South Africa downgraded to junk status
S&P: Undermining key institutions could see South Africa downgraded to junk status
Any attempt to undermine South Africa's key institutions like treasury would see the country likely downgraded to junk status, rating agency...

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