Ratings Downgrade

Rand firm as Moody’s delays ratings move

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

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

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

SARB stalls cuts in rates

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

Moody’s cautious on Ramaphosa win

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

Recession risks hitting healthcare where it counts

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

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

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

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?

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

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

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?


‘We’re satisfied with SA’s land reform policy’— US Ambassador

Top US official is lobbying multinational firms to invest in South Africa

South African tourism to be hit hard by coronavirus

The stream of about 100 000 Chinese tourists to South Africa each year has dried up for now, MPs told

Public transport inequality

The Competition Commission’s market inquiry reveals that South Africa’s public transport system remains skewed by class, advantaging middle- and high-income earners

Press Releases

Tourism can push Africa onto a new path – minister

The continent is fast becoming a dynamic sought-after tourist destination

South Africa’s education system is broken and unequal, and must be fixed without further delay

The Amnesty International report found that the South African government continues to miss its own education upgrading targets

Business travel industry generates billions

Meetings Africa is ready to take advantage of this lucrative opportunity

Conferences connect people to ideas

The World Expo and Meetings Africa are all about stimulating innovation – and income

SAB Zenzele Kabili B-BBEE share scheme

New scheme to be launched following the biggest B-BBEE FMCG payout in South Africa’s history

Digging deep

Automation is unstoppable, but if we're strategic about its implementation, it presents major opportunities

New Upington solar plant ready to boost SA’s power supply

Renewables are the cheapest source of power, offering clean and sustainable energy

TFSAs are the gymnasts of the retirement savings world

The idea is to get South Africans to save, but it's best to do your research first to find out if a TFSA is really suited to your needs