Fitch Ratings
latest news & developments
ANC weighs up doomsday scenarios as economy falters
As coalition discussions intensify, the party could end up making significant policy concessions to navigate South Africa’s uncertain future This content is restricted to…
Fitch raises red flags over ANC coalition with MK party, EFF
Earlier this year, the ratings agency warned that a significant increase in the government’s debt-to-GDP ratio could knock its credit rating
Eskom to get a R254 billion lifeline
The debt relief amounts to almost as much as the power utility has received in bailouts since 2008
Godongwana: Economic policy driven by the party, not the president
The minister said there may be different styles depending on the candidates, but the party’s policies will not waver
Don’t read too much into GDP growth spurt
Growth in the third quarter is encouraging, but analysts have cautioned against viewing the data as a sign of the economy’s improved health
Commodity prices buoy South Africa amid China’s slow growth blow
South Africa’s fate is tied to China’s, but war-related disruptions in the global energy market keep exports going
Godongwana ‘will be just fine’
The new finance minister has a difficult task, but analysts say his political capital will help him hold a hard line on state spending
No money to spare as GDP set to fall
With little money to respond to Covid-19, the government is looking at other sources of funding
Moody’s could hold decision on SA downgrade — for now
The ratings agency is expected to say on Friday whether it will downgrade SA’s credit rating to junk, but it could hold off until the Covid-19 pandemic eases
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
Why credit rating agencies are still getting away with bad behaviour
Rating agencies have been at the centre of major financial crises
Editorial: New leader must convert old goals
Cyril Ramaphosa has to get his entire Cabinet and the ruling ANC to pull in the same direction to make it work
New leaders, same goals, new stimulus
The package has echoes of previous promises but ministers say that this time they will be kept
Ramaphosa’s stimulus plan unlikely to boost growth significantly — Fitch Ratings
The ratings agency also flagged the recent rand depreciation as something which could complicate policy meant to tackle low GDP growth
Trump’s tariffs on $200bn of Chinese imports kick in
Donald Trump has threatened to go after all imports from China if the country refuses to change policies Trump says harm US industry