ARTICLES RELATING TO CREDIT RATING

Ferial Haffajee: Three reports signal global loss of trust in Ramaphosa’s reform drive. Eish!

2019-12-03 06:00

The buoyancy of the aftermath of the Bok rugby world cup win and the approach of the holiday season has masked the impact of three reports which together are a downer for the economy, says Ferial Haffajee.

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.

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.

Rand holds steady on Moody's review, but economists warn of downgrade to junk

2019-11-02 14:37

The rand has held steady despite the credit outlook being changed from stable to negative.

Mboweni on Moody's: South Africans, it is time to roll our sleeves

2019-11-02 09:16

Finance Minister Tito Mboweni has urged all South Africans to work together to help avoid a downgrade of our credit rating.

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.

SA finds a credit rating, once lost, is hard to regain

2019-06-18 10:08

Barely three years after SA managed to get its highest-ever investment-grade ratings from two of the three main credit-rating companies, the global financial crisis was threatening to reverse that progress. The country was one of multiple emerging markets in the companies’ cross-hairs.

Eskom, risk of Moody's downgrade are biggest risks facing SA, says Treasury official

2019-04-11 15:13

A Treasury official has warned that foreign investors remain concerned about the risks posed by Eskom.

Don't relax yet, business leaders warn after Moody's breather

2019-03-30 15:45

The decision by Moody's not to update its ratings on SA's sovereign debt is a reminder of government's urgent to do list, the CEO Initiative and the Banking Association of SA have said.

Moody's again skips rating review of SA's sovereign debt

2019-03-30 01:00

This means the country's sovereign credit rating remains unchanged at Baa3, the last rung of investment grade, with a stable outlook.

 

Moody's cut could risk R118bn selloff, says SA Reserve Bank

2019-11-27 19:08

South African Reserve Bank Deputy Governor Kuben Naidoo has said if Moody’s Investors Service cuts the country’s credit rating to junk there could be a selloff of between R74bn and R118bn of its bonds.

S&P changes SA's outlook to negative, warns of growing debt burden

2019-11-23 00:34

The rating agency did not downgrade SA further into junk, however.

Traders least bearish on rand in 13 years as Moody’s downgrade priced in

2019-11-11 20:15

Most analysts may be predicting South Africa will lose its last investment-grade rating, but derivatives traders couldn't care less.

SA edging closer to IMF bailout – Sipho Pityana

2019-11-02 10:44

Business Unity South Africa's President Sipho Pityana has said government will have to take tough political decisions to avoid a credit downgrade.

'Devastating' Moody's downgrade for Mangaung over poor liquidity, risk of default

2019-08-07 19:09

Moody's announced that the rating of Mangaung Metropolitan Municipality, in the Free State, has been downgraded three notches from Ba3 to B3.

Traders downplaying SA credit risk should heed Turkey

2019-07-05 08:33

The erosion of Turkey’s creditworthiness is a warning signal for South Africa, and investors are ignoring it, according to Informa Financial Markets.

SA must do 'a lot more' work to improve credit ratings - S&P

2019-04-12 08:39

S&P has SA's foreign currency debt ranked at junk status for two years now, mostly because of the poor economic growth, according to an official.

BUSA: Use Moody's delay to get your house in order

2019-03-31 15:51

Business Unity South Africa has described Moody’s decision to delay the assessment of South Africa's credit rating as a “welcome reprieve” and urged the country to use the breather to get its fiscal house in order.

Moody's delay is good news for the rand, say analysts

2019-03-30 09:43

Moody's decision to skip the assessment of South Africa's credit rating is good news for the rand, analysts have said.

Moody's: 5 economists on why load shedding may trip up SA's credit rating

2019-03-29 05:00

Moody's Investors Service, the sole global ratings agency that still has SA's sovereign debt at investment grade, is expected to make an announcement on the country's credit rating on Friday evening.

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