Moody S
latest news & developments
Budget: debt peaks but growth lags
The projected economic growth trajectory remains insufficient to address structural unemployment
Economists split on whether 2026 budget marks a real turning point
The growth outlook is insufficient to alter unemployment dynamics, some argued
African ratings agency a feasible option?
But international investors are unlikely to accept ratings they perceive as lenient
Islamic and conventional finance: moving past the perceived differences will unlock growth on the continent
Shari’ah financing can help Africa achieve important development goals
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…
Development Bank backs African credit ratings agency
The Big Three ratings agencies, Moody’s, S&P Global and Fitch, have extensive influence over how creditors assess Africa’s risk profile
Elections: ANC, DA and EFF go toe-to-toe on the economy
With the country’s economy on the brink, the ‘Big Three’s’ employment and growth promises hold more weight than ever
The Fiscal Cliff | Eskom: The fiscal monster the treasury can’t vanquish
Among state-owned entities, the beleaguered power utility is far and away the biggest risk to the public purse
SA’s R210 billion grid dilemma hits pause on load-shedding fix
Renewable energy could close the gap between demand and supply, ending load-shedding. But out-of-pocket Eskom must find money to upgrade its transmission infrastructure first
SA’s economy contracts 1.3%, adding to bleak growth outlook
Decline in the country’s GDP – largely due to record-levels of load-shedding – puts the size of the economy back below pre-pandemic levels
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
With little detail about Eskom’s debt plan expected, budget could disappoint
The utility’s R400 billion debt has fed into the country’s 15-year energy crisis and low growth potential, which has been identified as a key credit weakness
A BIG leap is Ramaphosa’s best step to economic growth
The government has shown that it is willing to explore introducing a basic income grant, which would mark a big step towards achieving growth
Editorial: Who is to blame for the Eskom crisis?
There’s not just one person to blame for decades of mismanagement of an electricity crisis that was made known some 25 years ago
Long road ahead for South Africa to climb out of junk status
Economist don’t expect an upgrade anytime soon, but the country is in a better position to claw back its investment grade rating