Zambia urges investors to ignore Moody’s downgrade

2015-09-28 09:43

Zambia has urged investors to ignore what it calls an 'unsolicited' credit downgrade from rating agency Moody's and says it is mindful of the need to maintain debt.

Fitch affirms negative outlook for SA economy

2015-06-08 08:53

Government has acknowledged that economic growth performance needs to be accelerated, in response to Fitch Ratings' affirmation of South Africa’s credit rating.

S&P affirms Eqstra Holdings' rating

2015-04-22 09:12

S&P’s Rating Service has affirmed Eqstra Holdings' zaBBB+ rating, noting the company's resilient financial performance in a challenging domestic environment.

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.

Money markets 'AAA' rating unlikely - Fitch

2014-10-07 08:24

Fitch Ratings says South African money market funds are highly unlikely to achieve a 'AAA' National Fund Credit Rating.

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.

More bad news as ratings review looms

2014-06-10 22:00

As concern mounts about a possible downgrade of South Africa's credit rating, the latest business confidence index reflects another bleak view of the economy.

ANC lauds Land Bank rating upgrade

2014-01-15 20:30

Fitch ratings agency's upgrade of the Land Bank's national long-term rating shows the bank's turnaround strategy has been successful, says the ANC.

Credit amnesty to hit Moody's securities ratings

2013-10-17 08:59

Cabinet's agreement to implement a credit amnesty will have a negative impact on the ratings of some of South Africa's securities, says ratings agency Moody's.

Fitch assigns MTN Group 'BBB' rating

2013-06-19 14:34

Fitch Ratings has assigned MTN Group a Long-Term Foreign Currency Issuer Default Rating of 'BBB'‚ with a Stable Outlook.


Bank of America dares on SA bonds, trusting Nene as peers dissent

2015-07-17 11:43

Bank of America Merrill Lynch is out on a limb with its call to buy South African dollar bonds, while SA's finance minister has shown resolve to get the fiscal house in order.

Low growth, public debt jeopardise rates outlook

2015-04-23 12:50

A lacklustre growth outlook and rising public debt remain the most crucial factors that can lead to negative ratings from ratings agencies, says the Reserve Bank.

S&P warns of imminent downgrade for miners

2015-04-14 11:09

Standard & Poor's has warned it may soon downgrade several mining companies as it lowered its iron ore price estimates for the next couple of years.

SA rating may not change over next 24 months

2015-03-09 15:57

South Africa’s credit rating is unlikely to change in the next review, but an electricity crunch will shave 30% off this year's economic growth, says S&P's ratings agency.

Economy at the abyss

2014-07-04 07:23

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

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.

SA's rating remains under pressure - Moody's

2014-05-14 11:03

South Africa's Baa1 credit rating remains under pressure, while its current rating range belies the strain in the economy is under, says a Moody's analyst.

Sanral's credit rating affirmed

2013-12-09 07:54

After the roll-out of e-tolling in Gauteng, Moody's has confirmed Sanral's rating with a negative outlook, according to a report.

S&P cuts Nokia rating on cash concerns

2013-07-05 16:17

Rating agency Standard & Poor's has cut its notation of Nokia, because of the cost to the company of buying out a joint venture with German firm Siemens.

Govt: S&P's didn't consider developments

2013-03-13 18:37

Ratings agency S&P's did not consider recent positive developments in South Africa when it affirmed the country's credit rating, Treasury says.

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