Since 2004, complaints have piled up against Hlophe. The list is filled with allegations you don't want a senior judge to face, writes Adriaan Basson.
High level clouds. Cool.
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.
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.
South Africa could move deeper into junk territory.
The rand has held steady despite the credit outlook being changed from stable to negative.
Finance Minister Tito Mboweni has urged all South Africans to work together to help avoid a downgrade of our credit rating.
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.
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.
A Treasury official has warned that foreign investors remain concerned about the risks posed by Eskom.
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.
This means the country's sovereign credit rating remains unchanged at Baa3, the last rung of investment grade, with a stable outlook.
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.
The rating agency did not downgrade SA further into junk, however.
Most analysts may be predicting South Africa will lose its last investment-grade rating, but derivatives traders couldn't care less.
Business Unity South Africa's President Sipho Pityana has said government will have to take tough political decisions to avoid a credit downgrade.
Moody's announced that the rating of Mangaung Metropolitan Municipality, in the Free State, has been downgraded three notches from Ba3 to B3.
The erosion of Turkey’s creditworthiness is a warning signal for South Africa, and investors are ignoring it, according to Informa Financial Markets.
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.
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 decision to skip the assessment of South Africa's credit rating is good news for the rand, analysts have said.
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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