SA in discussions with S&P, Fitch - Treasury

2016-05-24 18:43

The Treasury says a team from credit rating Standard & Poor's visited SA for meetings ahead of a review which could see the country's debt rating cut to junk.

Junk status: A look into Sarb's crystal ball

2016-05-03 20:25

There is a medium to high probability that South Africa’s debt will be downgraded to non-investment status, according to the SA Reserve Bank.

Junk call: SA will know in June

2016-04-10 18:14

South Africa will know in June whether it has survived a downgrade to junk status when ratings agency Standard & Poor's makes its judgment on the state of the economy.

SA closer to junk as credit rating reviews loom

2015-11-30 10:05

Analysts say Fitch Ratings will this week cut its assessment to the lowest investment grade, while Standard & Poor’s should keep its rating at one level above junk

Downgrade alert for SA

2015-09-08 14:14

Ratings agency Fitch says the risk of a downgrade to South Africa's sovereign rating is increasing.

Power crisis cripples investment, risks rating

2015-04-08 13:27

The economy could have been 10% larger if power shortages had not stifled growth and investment, putting SA's debt at risk of being cut to junk, estimates show.

IMF likely to cut SA growth again

2014-07-10 22:00

A senior IMF official has hinted that the international lender is likely to cut South Africa's economic growth forecast when it releases a global outlook.

Eskom credit rating downgraded

2014-06-20 19:36

Eskom has noted the lowering of its credit rating by Fitch, but added that it continues to target the stability of its credit profile.

ANC urges citizens to help grow economy

2014-06-15 11:07

The ruling party has called on South Africans to work with government to help strengthen the economy after ratings agencies revised the country's outlook.

Fitch outlook a warning, says Cronje

2014-06-13 16:54

The decision by the Fitch ratings agency to revise South Africa's outlook to negative should serve as a warning, says scenario planner Frans Cronje.


Fitch: Investors targeting African banks despite high risks

2016-05-11 16:15

Strategic investors are still looking to expand in sub-Sahara Africa, despite banks in the region tending to have speculative fundamental credit quality, says Fitch.

Ratings cuts could lead to capital outflows - Sarb

2016-05-03 18:51

The impact of a possible further ratings downgrades on the economy and financial system could lead to increased capital outflows, warns the SA Reserve Bank.

Kevin Lings: Fitch downgrade expected, outlook stable, but there's a window of opportunity

2015-12-07 07:23

Fitch has indicated that its downgraded rating of South Africa could be upgraded if it establishes a track record of improved growth performance, says Stanlib’s Kevin Lings.

SA faces downgrade risk as protests mar budget

2015-10-22 09:26

South Africa has taken a step closer to another credit-rating downgrade as a slowing economy forced Nhlanhla Nene to boost debt amid protests against the government.

Nene: Economic growth of 2% this year 'realistic'

2015-06-11 17:54

SA's 2015 economic growth forecast of 2% is "attainable and realistic" and would have been significantly higher if there were no electricity shortages, Finance Minister Nhlanhla Nene says.

Naspers debt 'small compared to value of investment'

2014-08-13 12:10

The debt of Naspers is very small compared to the value of its investment, an expert says regarding Fitch's downgrade of the tech firm on unsecured debt.

Economy at the abyss

2014-07-04 07:23

It's time for government to take the downgrade threat seriously, says Mzwandile Jacks.

S&P downgrade big blow for SA - Old Mutual

2014-06-15 12:52

The longer-term outlook of Standard and Poor's downgrading is concerning as South Africa is only one notch above "junk" status, says a chief investment strategist.

Another blow for SA's credit ratings

2014-06-13 18:25

Standard & Poor's has downgraded South Africa's credit ratings, handing another blow to an economy struggling with labour, growth and electricity challenges.

Treasury stands firm despite ratings hit

2014-06-13 11:23

National Treasury says it is committed to the fiscal path stated in the budget, after Fitch ratings agency changed the SA's outlook to negative from stable.

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