Latest articles on Ratings Downgrade

Covid-19 causes Acsa to dust off its begging bowl

Business Thando Maeko - 7 Nov 2020

The SOE has asked the government for R3.5-billion in extra support over the next three years to offset losses incurred because of the pandemic

Covid-19 puts Eskom’s integrated resource plan at risk

Business Thando Maeko - 12 Oct 2020

The economic effects of the pandemic could hamper the government’s initiative to procure new generation capacity

Rand firm as Moody’s delays ratings move

Article Agency - 15 Oct 2018

Last week, the rand rebounded sharply following lower-than-expected CPI figures from the US as well as a decline in US stocks

Rand firms for second day as markets consider downgrade unlikely

Article Jan Cronje - 22 Mar 2018

Ratings agency Moody’s is set to announce on Friday whether it will downgrade the country’s sovereign credit rating to junk

Eskom signs R20bn credit facility amid ‘unfortunate’ downgrade

Article Jan Cronje - 28 Feb 2018

S&P Global Ratings has again downgraded the long-term debt of Eskom

SARB stalls cuts in rates

Article Thulebona Mhlanga - 18 Jan 2018

“The challenge for government will be to find ways to finance the deficit in a growth-positive manner"

Moody’s cautious on Ramaphosa win

Article Lynley Donnelly - 19 Dec 2017

Moody’s placed South Africa on negative ratings watch but stopped short of downgrading South Africa outright.

Recession risks hitting healthcare where it counts

Article Joan Van Dyk - 15 Jun 2017

Experts warn state clinics and hospitals are likely to further deteriorate as the public purse shrinks.

Mbalula lashes out at Gordhan and other ANC leaders

Article Dineo Bendile - 5 Apr 2017

The ruling party's NEC member says former finance minister Pravin Gordhan is partly to blame for South Africa's credit downgrade.

From Cabinet reshuffle to junk status in just 90 hours

Article Staff Reporter - 3 Apr 2017

The rand has continued to slide, reaching 13.67 to the dollar, an hour after news of the ratings downgrade broke.

South Africa is on a cliff edge – just as it was in 1985

Analysis Jannie Rossouw - 3 Apr 2017

International banks and companies will be much more reluctant to make loans to SA entities now that the country's credit rating has been downgraded.

South Africa has a new energy plan. But will it break the bank?

Article Staff Reporter - 28 Nov 2016

The recently updated Integrated Resource Plan calls for significant investment in South Africa's power supply. But can the country afford it?

S&P: Undermining key institutions could see South Africa downgraded to junk status

Article Staff Reporter - 13 Oct 2016

The rating agency's MD, Konrad Reuss, said in Cape Town that recent political events in the country could weigh heavily on investor confidence.

Turkey’s credit downgrade could be a bad omen for South Africa

Article Thalia Holmes - 29 Sep 2016

Turkey's economy is growing faster than SA's, so could political volatility tip us into being the next emerging market to be afforded junk status?

‘Get real’: Gordhan will find it hard to sell sceptical investors a good story

Article Staff Reporter - 21 Sep 2016

Financiers are likely to question the dearth of restructuring and the country’s faltering growth.

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Latest articles on Ratings Downgrade

Covid-19 causes Acsa to dust off its begging bowl

Covid-19 puts Eskom’s integrated resource plan at risk

Rand firm as Moody’s delays ratings move

Rand firms for second day as markets consider downgrade unlikely

Eskom signs R20bn credit facility amid ‘unfortunate’ downgrade

SARB stalls cuts in rates

Moody’s cautious on Ramaphosa win

Recession risks hitting healthcare where it counts

Mbalula lashes out at Gordhan and other ANC leaders

From Cabinet reshuffle to junk status in just 90 hours

South Africa is on a cliff edge – just as it was in 1985

South Africa has a new energy plan. But will it break the bank?

S&P: Undermining key institutions could see South Africa downgraded to junk status

Turkey’s credit downgrade could be a bad omen for South Africa

‘Get real’: Gordhan will find it hard to sell sceptical investors a good story

vital information

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