Mboweni: No conspiracy against SA over junk status

2017-04-28 21:30

There is no conspiracy against South Africa over the junk status ratings, says former SA Reserve Bank governor and ex-minister Tito Mboweni.

Long, hard road ahead for car owners, report warns

2017-04-20 14:26

Consumers will be holding onto their vehicles for longer, given the recent downgrade to junk status, says an industry expert.

Vox pop: Learn from Gordhan, locals tell Gigaba on downgrade

2017-04-19 14:50

South Africans told Fin24 they fear price hikes, and that new Finance Minister Malusi Gigaba must be mindful of the impact his decisions will have on the country.

Did that hurt? Hard to say

2017-04-16 06:00

Two weeks after the recall of former finance minister Pravin Gordhan from his investor roadshow, the reshuffle of Cabinet and the downgrade of South Africa’s credit rating, the main economic vital signs are holding steady.

No silver bullet to stop another downgrade, says Gigaba

2017-04-13 16:03

There are no silver bullets or guarantees that will stop Moody’s from downgrading South Africa, but government is doing all it can to reassure the ratings agency, says Finance Minister Malusi Gigaba.

Gordhan's golden touch kept SA from junk - economist

2017-04-12 10:36

Former finance minister Pravin Gordhan's steady hand maintained SA's investment-grade credit rating amid a brittle financial and economic environment, says an academic.

Banks, Eskom, Transnet and MTN cut to junk status

2017-04-12 06:01

Fitch Ratings has downgraded Absa, Nedbank, FirstRand, Standard Bank, Investec, Eskom, Transnet and MTN to BB+ or junk status.

Junk status blow may be too much to deal with, warns Nzimande

2017-04-11 17:24

Higher Education Minister Blade Nzimande says a junk status credit rating could potentially wreak havoc on the lives of workers and the poor unless South Africans work together.

A response to Patrick Bond: How to grow SA

2017-04-09 17:58

An entrepreneur proposes a way for the country to improve its credit rating, grow the economy and cut unemployment.

It's not rock bottom

2017-04-09 06:06

SA still has a little way to go before we hit ‘real’ junk status.


Car-buying guide: 4 ways to survive SA's Junk Status downgrade

2017-04-26 08:19

'Rising fuel and car prices are just some of the costs that will start eating into the budgets of South Africans,' says Wesbank as it looks at ways motorists can survive SA's Junk Status downgrade.

Rating South Africa’s creditworthiness: Nothing but the facts?

2017-04-19 19:21

The track record of major rating agencies may warrant a healthy level of scepticism but their job is not an easy one, says Dr Stephen Labson.

Gigaba in last-ditch bid to sway Moody's on downgrade call

2017-04-19 11:38

Finance Minister Malusi Gigaba will meet with Moody’s on his trip to the US this week, in a last-ditch attempt to prevent a downgrade by the ratings agency.

Gigaba berates govt leaders over reckless downgrade statements

2017-04-13 20:32

Government leaders should not make reckless statements, but rather show empathy towards South Africans, following the recent ratings downgrades, says Finance Minister Malusi Gigaba.

Rand shocks markets, regains third of losses since Gordhan recall

2017-04-13 10:20

The rand has rallied by 2.7%, gaining 40c against the dollar, surprising currency analysts in South Africa.

Is there life after junk status?

2017-04-12 07:25

Is SA being held to ransom by the big three Western rating agencies, and can we continue on our own merry way without them, asks Mundia Kabinga.

SA's 'team fight back' aims to tackle economic disaster

2017-04-11 21:15

South Africa is pulling together to weather the country's economic woes in the wake of a bruising blow from ratings agencies.

SA bonds begin trading as junk for first time since 2000

2017-04-10 07:28

SA bonds will trade carrying junk grades from two ratings agencies for the first time since 2000, with JPMorgan cutting SA from R800bn worth of indexes.

Junk status signals hard times for small business

2017-04-09 12:49

The downgrades from ratings agencies will likely impact infrastructure projects and lead to a decline in procurement from small business, says the AHI.

Fitch dumps SA in the trash

2017-04-09 06:05

The country’s second credit downgrade in one week has been viewed with resignation by business and with suspicion by labour.

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