OPINION: African countries need to manage the rising power of credit rating agencies

2019-11-01 05:00

African countries need to find a way to present a common front to the rating agencies.

Fitch on SA Budget: Eskom support has limited effect on SA's credit rating

2019-02-22 09:23

Fitch Ratings has said that additional financial support for Eskom will have a limited effect on the country's credit profile, while S&P it waiting for clarity on the details of the state's support package.

SA’s plans to curb debt: Ratings agencies give us benefit of the doubt

2018-11-01 09:01

Further credit rating downgrades are unlikely ahead of the Treasury’s February budget, when it will be more clear if economic revival strategies will work.

Ratings D-day: SA likely to be spared a downgrade, say analysts

2018-10-12 07:57

Moody's will likely spare SA a downgrade of its sovereign credit rating despite (another) sudden rotation in the finance ministry, but may also decide to hold off on a decision, say analysts.

READ: Moody's March 23 rating decision

2018-03-24 14:22

On Friday evening Moody's announced that it would not be cutting the rating on SA sovereign debt to below investment grade. Read its statement.

ANC leadership race: The type of leader SA needs

2017-12-14 20:02

With just days to go before the ANC’s elective conference, economists have shared expectations of what characteristics would make for a good leader.

Downgrade will lead to SA job losses - economist

2017-11-25 18:00

Jobs will be lost as a direct result of Friday night's downgrade of SA's long-term local currency debt to junk status by S&P Global Ratings, says Lesiba Mothata, chief economist at Alexander Forbes Investments.

S&P upbeat on SA banks despite fragile growth

2017-07-11 07:39

South African banks continue to perform well, despite low domestic economic growth and ongoing political instability, according to ratings agency Standard & Poor’s.

Gigaba goes into overdrive

2017-06-18 06:09

The latest credit downgrade and announcement of an official recession have triggered a long list of interventions to be spearheaded by Finance Minister Malusi Gigaba.

Of masks, plasters and open wounds

2017-06-14 07:45

Now that our economy is dangling just a notch, it is time for those who still have the wherewithal to save SA from crossing the proverbial line of no return to do so, quick, says Solly Moeng.


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.

Moody's yet to pronounce on SA's credit rating

2018-10-13 17:35

Moody's did not release the expected statement on South Africa's sovereign credit rating on Friday night and SA's rating therefore remains at Baa3 stable.

Stable SA outlook means slim chance of cut, Moody's says

2018-09-13 11:30

South Africa’s stable ratings outlook means there’s little chance of a change in its assessment soon, Moody’s Investors Service said, adding that the country has to stabilise its debt to prevent a cut back to negative.

SA's bonds have no patience for time or space: Gadfly

2018-02-13 19:54

Time and space are wonderful things - except South Africa doesn't really have the luxury of either, writes Marcus Ashworth of Bloomberg Gadfly.

Rating agencies won't be moved by ANC leadership race - analyst

2017-12-14 07:52

Rating agencies are likely to hold off on reacting to the outcomes of the ANC leadership race, according to an economist.

SA trying to grow economy with Uno engine in Ferrari body - expert

2017-10-13 21:15

The South African economy is like a car with a Ferrari body but an Uno engine, says Thabi Leoka of Argon Asset Management.

Rand jumps as Moody’s warns SA about Mining Charter

2017-06-21 11:24

The rand has lost ground as ratings agency Moody’s released a report criticising the Mining Charter, instantly jumping from R13.03 to R13.13 on the news.

Junk status for dummies: Why the real junk is yet to come

2017-06-16 15:00

There are two crucial credit ratings that have yet to be downgraded to junk status. If and when they are cut, South Africans will truly be a country in junk status.

Rand survives downgrade storm despite warnings of more to come

2017-06-12 11:48

The rand has survived the latest rating agency announcement, which saw Moody’s downgrade both the local and foreign currency rating to Baa3 and maintained a negative outlook.

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