Experts warn state clinics and hospitals are likely to further deteriorate as the public purse shrinks.
Money is flooding emerging markets only because inverstors are desperate to turn a buck and commodites are hinting at a comeback.
Telkom has received a downgrading by rating agency Standard & Poor’s from BBB to BBB-.
Standard & Poor’s decision to lower France’s credit rating will help outsiders in the presidential election, making it bad news for Nicolas Sarkozy.
Credit rating agency Standard & Poor’s on Friday downgraded the US credit rating for the first time since 1917.
Standard & Poor’s cut the outlook for South African ratings to negative from stable on Tuesday on concerns about a large current account deficit.
