S Amp P
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
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
Some light at the end of Eskom’s tunnel
The utility says the energy availability at six power stations has picked up
A year after the riots, South Africa is a tinderbox waiting to be lit
Some of the conditions in which the July unrest occurred have abated but others, such as the spiralling cost of living, have worsened
Debt crisis may be good for Africa
The IMF and World Bank should use the crisis to divert cash to Global South countries to ease the effects of climate change
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
Land reform unlikely to influence S&P ratings decision — analysts
S&P would likely wait for the next budget, when there is more clarity on the fiscal position before taking a decision
Shoppers’ loyalty will save Woolies
Its food and financial services divisions did well but won’t offset the clothing division losses
Bloodied economy’s future is grim
Other than a possible recovery in the agricultural sector, there is nothing to get excited about
S&P raises Capitec, African Bank’s national rating
The Reserve Bank placed the African Bank under curatorship in 2014
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