In the absence of a credible opposition party to challenge the ANC, perhaps the IMF is best placed to help the party, writes Ayabulela Dlakavu.
It's not the parent who is threatening and cajoling a difficult kid that the kid should fear, it is the one who goes quiet. And that's what Moody's is doing to South Africa right now.
Just minutes into his maiden budget speech and Finance Minister Tito Mboweni looked to have sparked a market rout.
SA and Nigeria, as sub-Saharan Africa's largest economies, are expected to recover slowly this year - but unstable power supply and ongoing labour struggles are among SA's biggest challenges, says a new report from ratings agency Moody's.
Ratings agency Fitch has kept the ratings of five of SA's major banks at BB+ with a stable outlook.
Emerging markets are rebounding from the second-quarter horror show, but for South Africa’s rand October still holds large risks.
Ratings agency Standard & Poor’s decision to keep the outlook of SA’s sovereign debt rating at stable is a positive development and will help rebuild confidence in the country, said Nedbank CEO Mike Brown.
South Africa’s banking sector is stable even though the economy is struggling with low economic growth, says S&P.
Moody's Investors Service has downgraded the long-term corporate family rating of Eskom.
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.
S&P Global Ratings has downgraded South Africa's long-term local currency rating to junk, while Moody's has placed the country on review to be downgraded.
The consensus among economists is that South Africa will hold onto its investment grade status for the time being. Derivatives traders are not so sure.
Rising public debt levels affect a country’s banking sector, with banks preferring to lend to government, which is seen as lower risk, according to Moody's senior vice president.
Ramaphosa’s anti-corruption drive gets a thumbs-up from IMF managing director Christine Lagarde.
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.
It won’t be a cheap welcome back into international debt markets for Eskom, says a prominent SA asset manager.
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.
S&P Global Ratings says that neither the Viceroy report nor the market’s reaction to it will impact its rating of Capitec.
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.
Global ratings agency Moody's placed South Africa's government debt on review for downgrade, but unlike S&P Global did not downgrade the debt to junk status.
The rand has extended its losses, breaching the R13.30 to the US dollar level as credit rating fears resurfaced.
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