TIMELINE: SA's credit rating journey since 1994

2019-11-24 13:50

South Africa has had a high quality credit rating of A+ before, but in recent years it's been dwindling down a steady path to junk status.

Eskom assistance welcomed, but risks remain, Moody’s warns

2019-07-29 15:11

Moody's has applauded the financial support government committed to extend to Eskom, but said the utility’s operating costs, as well as debt owed to it by municipalities, could not be ignored.

Why credit rating agencies are still getting away with bad behaviour

2019-06-27 17:07

The three dominant international credit rating agencies have been accused of many faults, says Misheck Mutize.

African countries must manage the rising power of rating agencies

2019-01-23 20:15

There's growing dissatisfaction with rating agencies, since outside the US and EU, they don't subscribe to any international regime or governance body, says Misheck Mutize.

Fitch confirms ratings of SA's major banks at notch below investment grade

2018-11-16 13:25

Ratings agency Fitch has kept the ratings of five of SA's major banks at BB+ with a stable outlook.

Fitch likely to keep SA's sovereign credit rating unchanged - economist

2018-06-13 20:30

Global ratings agency Fitch is likely to keep South Africa's credit rating unchanged at BB+ - aka "junk" - when they announce its review later this week, an economist has said.

Parliamentary committee pleased with new Eskom board, concerned about liquidity

2018-02-01 19:30

The Portfolio Committee on Public Enterprises is encouraged by the decisions the new Eskom board is taking, but is still concerned about the power utility’s liquidity.

Fitch: SA confidence rebound harder with Dlamini-Zuma

2017-12-10 15:17

South Africa’s weak business confidence is less likely to rebound if former African Union Commission chair Nkosazana Dlamini-Zuma is elected as leader of the ruling ANC, Fitch Ratings says.

WATCH: How downgrades affect everyday South Africans

2017-11-28 16:44

Fin24 presenter Moeshfieka Botha talks to Abdulazeez Davids of Kagiso Asset Management about how ratings downgrades affect ordinary South Africans.

Downgrade a 'significant blow' - CEO Initiative

2017-11-25 07:30

S&P Global's late night downgrade of SA's long-term local currency debt will put even more strain on the already low levels of business and consumer confidence in SA, says the CEO Initiative.


SA's junk spiral may deepen as S&P likely to cut outlook

2019-11-18 07:00

South Africa could move deeper into junk territory.

Fed move could bring emerging markets tailspin – analyst

2019-07-26 22:00

Peregrine Treasury Solutions partner Bianca Botes wrote that a negative spike was further compounded by Fitch's announcement shortly after close of trade on Friday that it had revised the outlook on South Africa's sovereign debt downwards from stable to negative.

Ratings agencies adopt 'wait-and-see' approach, as SA teeters on junk knife-edge

2019-02-22 14:36

Ratings agencies will likely adopt a 'wait-and-see' approach before making decisions on the sovereign's credit rating, analysts have said.

Mboweni prioritises getting SA out of junk status

2018-12-02 15:15

The government is prioritising regaining SA's investment grade rating, according to Finance Minister Tito Mboweni.

Fitch sees muted impact from SA measures to boost growth

2018-10-26 06:53

The impact of spending reprioritisation announced in South Africa’s medium-term budget policy statement is to unlikely meaningfully boost economic growth, says the ratings agency.

Eskom dodges Fitch ratings cut but stays on negative watch

2018-05-02 20:50

Global ratings agency Fitch has affirmed Eskom's 'BB-' credit rating despite its liquidity challenges, as South Africans wait to hear if load shedding will become a reality this winter.

Fitch downgrades Eskom

2018-01-31 17:43

Fitch has downgraded Eskom, citing weakening liquidity and the company’s uncertain capacity to fulfil its short-term financial commitments.

WATCH: SA downgrade - it could have been worse

2017-11-30 14:16

Raenette Taljaard, the Executive Director of Economic Research Southern, talks to Fin24 about the implications of S&P Global's downgrade of SA debt.

We need to change economic outlook fast - Nedbank

2017-11-25 16:06

Banking group Nedbank says that SA has a "very short window to change the outlook for the economy" following Friday's late night downgrade of SA's long-term local currency debt to junk by S&P Global Ratings.

Rand faces test on looming risk of SA junk rating

2017-11-24 16:17

Already bruised by political and budget troubles, the rand faces its next crucial test in less than 24 hours - reviews by two ratings companies.

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