There’s not just one person to blame for decades of mismanagement of an electricity crisis that was made known some 25 years ago
A Greenpeace report outlines ways Eskom can adopt green technology and save itself financially
The ratings agency did not make a decision on South Africa’s rating leaving some analysts asking just when the axe will fall
Should Moody’s downgrade the country, South Africa will fall out of important global government bond indices
Small differences in fund management fees can be an investment killer in the long term
Their opaque methodology and the inconsistent results generated in recent years have rightly brought ratings agencies under sharper scrutiny.
Whenever an international credit rating agency such as Moody’s or Standard & Poor’s comes to town, I like to tidy up a bit.
A day after a US ratings agency downgraded ?Russia to "junk" status, the country’s index fell by 3%. Russia could also face new sanctions.
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.
GDP data is expected to show SA rebounded from a contraction but there still remains little momentum to spur economic growth.
The International Monetary Fund is looking to cut its expectations of South Africa’s GDP growth this year, a senior official has hinted.
Growth forecasts for the Sub-Saharan region have been revised downward as it will likely feel the impact of reduced monetary stimulus in the US.
The company chief exec says its bond rating should be upped on a ccount of good behaviour but the agency says nothing has happened to change its mind.
Another ratings agency has cut gold giant AngloGold Ashanti’s rating following a plummet in the precious metal’s price.
The outlook for South Africa’s credit rating remains negative, with concerns over the government’s ability to curb spending and mining strikes.
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/ 12 December 2011
The question likely to occupy markets this week is how well did Europe’s leaders do in their latest attempts at dealing with their debt crisis.
Efforts by world leaders to restore confidence have failed miserably as markets plunged to new lows on Tuesday, on fears of another global recession.
US President Barack Obama said on Monday he inherited many of the country’s problems with high debt and deficits when he entered the White House.
South Africa’s sovereign rating was affirmed by ratings agency Standard & Poors on Wednesday.