There are hundreds if not thousands of public servants who are facing disciplinary action - they did not benefit directly, writes Melanie Verwoerd.
Morning clouds. Mild.
The SA government notes ratings agency Fitch's decision to affirm the country's long-term foreign and local currency debt ratings at 'BB+' and maintaining a negative outlook.
The outlook of Airports Company South Africa has been changed to negative from stable by Moody's Investors Service.
Ratings agency Moody's has changed the outlook for the South African National Roads Agency (Sanral) from negative to stable.
South Africa is en route to spend R1 out of every R7.5 in government revenue on sovereign debt interest repayments by 2020, according to Moody's Investors Service.
The woman with the South African economy in the palm of her hands personifies Parisian elegance, is slight and quiet - yet she holds such heft for our country.
In his Budget speech, Minister of Finance Tito Mboweni spoke directly to rating agencies to address some of their most important concerns, says David French, director of tax consulting at Mazars.
Moody's weighs in on the credit implications for SA if the government adheres to Eskom's request for it to assume R100bn of its government-guaranteed debt.
Sanisha Packirisamy, an economist at Momentum Investments, shares her views on Mboweni's maiden mini budget, and how ratings agencies may react.
The decision by Naspers to unbundle its video entertainment operation is credit negative for lenders, says ratings agency Moody's, while S&P says the transaction's rationale appears sound.
Two of the largest international ratings agencies, Moody’s and S&P have downplayed concerns about the policy adopted by the ANC at its December conference to expropriate land without compensation.
Power utility Eskom says it was disappointed by the further downgrading of its unsecured debt by ratings agency Moody's.
"Deliver us from these rating agencies and oppressors of the downtrodden for economic freedom in our lifetime and generations to come."
Finance Minister Tito Mboweni on Tuesday unveiled a second multi-billion rand bailout for the power utility within five months, aid that may force the cash-strapped government to increase borrowing and taxes.
Ratings agencies are looking for institutional, economic and financial stability as well as resilience, says Bonang Mohale, CEO of Business Leadership SA.
Ratings agency Moody's has changed its rating of the City of Cape Town municipality from negative to stable.
Shahied Daniels, recently appointed as new CEO of the SA Institute of Professional Accountants, talks strategy with Fin24.
Analysts have mixed expectations for Standard & Poor's upcoming ratings action on SA's sovereign debt, expected to be announced on Friday.
Economists also had differing views on whether Finance Minister Nhlanhla Nene leaving would affect the outcome of the upcoming ratings action on the country's sovereign debt by Moody's.
SA’s fiscal consolidation will be slower than the government estimates because of weak economic growth and a higher public sector wage bill, says Moody’s.
One year since the country lost its investment-grade rating, South Africa is basking in new-found confidence with Cyril Ramaphosa in charge.
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