Credit Ratings Agencies
latest news & developments
We must stamp out illicit trade to boost the fiscus
The fiscus loses millions each day because of illicit trade. Sars can’t tackle this problem alone: it is up to all citizens to play their part
Ratings agencies might give SA a ‘klap’ — Mboweni
Finance minister warns that government’s increased debt could mean ratings agencies downgrade the country’s credit worthiness to junk
Moody’s axe likely to fall on ordinary South Africans
The ratings agency is scheduled to announce its decision on a possible downgrade of SA credit worthiness on March 27
Moody’s stays mum on SA status
The ratings agency did not make a decision on South Africa’s rating leaving some analysts asking just when the axe will fall
‘Weak state entities a risk to SA’s credit rating’ — Moody’s
An upgrade would be possible through the implementation of structural reforms to raise growth
South Africa dodges junk status and gains a stable economic outlook
Moody’s has revised the country’s outlook from negative to stable.
Eskom to pay back R5bn PIC loan, as union vows ‘never again’
Eskom has confirmed that the R5-billion short term loan it received from the Public Investment Corporation (PIC) will be paid back on Thursday
Dodging the credit ratings wrecking ball
The budget should placate ratings agencies, but analysts say we need solid political leadership and policy reforms to evade full-blown junk status
Moody’s cautious on Ramaphosa win
Moody’s placed South Africa on negative ratings watch but stopped short of downgrading South Africa outright.
Zuma says family ties to ex-wife are not a concern in ANC presidential race
Concerns have been raised that Zuma may be trying to play the family card to avoid possible prosecution after his term is up.
South Africa’s negative outlook sign of downgrade to follow – S&P
According to analysts, S&P is likely to downgrade South Africa’s sovereign credit rating to junk status by mid-2017.
Ratings agencies are false prophets of doom
Their opaque methodology and the inconsistent results generated in recent years have rightly brought ratings agencies under sharper scrutiny.
Why credit ratings matter and why they can’t be ignored
Postgraduate researcher Mampho Modise explains the signifance of credit reviews and the impact a negative review could potentially have on SA.