DA says downgrade shows lack of confidence in Presidential Fiscal Committee

2017-11-25 15:19

Friday's late night ratings downgrade of SA's long-term local currency debt by S&P Global Ratings amounts to a "vote of no confidence" in the new Presidential Fiscal Committee, says the party's finance spokesperson.

Downgrades could impact infrastructure development

2017-04-11 15:49

Ratings agencies' downgrades of SA will have a ripple effect on the built environment sector and the cost of infrastructure development, says an industry body.

SA can still dodge a credit downgrade - analysts

2016-10-31 18:07

SA's chances of avoiding a sovereign rating downgrade have improved following the NPA's decision to drop charges against Finance Minister Pravin Gordhan, say analysts.

Moody’s cuts outlook for 12 UK lenders

2016-06-29 09:02

Moody’s Investors Service has lowered the outlook on 12 UK lenders, including Barclays and HSBC after predicting Brexit will reduce their profitability.

Double dose of good news for SA rand

2016-06-03 18:58

The rand has received an unexpected boost due to a dismal May jobs report out of the US and the decision by S&P to leave SA's credit rating one notch above junk status.

SA may dodge credit rating cut but risks remain - analysts

2016-06-03 16:35

S&P will probably not cut SA's credit rating to "junk" territory today, analysts say, but it may warn that any signs of political upheaval could trigger a downgrade later in the year.


Moody’s lists 7 key events as it frets over SA’s institutional strength

2017-08-16 11:12

Moody’s has listed seven recent key events as it warned of a gradual erosion of the nation’s institutional strength.

Rand rallies as SA dodges junk bullet

2016-12-02 19:33

The rand firmed significantly against the US dollar after S&P affirmed South Africa's credit rating at one notch above junk status.

Fitch downgrade steps up urgency to clear junk hurdle – Treasury

2016-07-26 10:12

Fitch Ratings’ downgrade of South Africa’s local-currency debt rating is a timely reminder of the risks of a downgrade that lie ahead, says National Treasury.

Chamber of Mines 'pleased' at S&P rating

2016-06-03 20:41

Standard & Poor’s decision to maintain South Africa’s debt rating at BBB- investment grade gives the country no room for complacency, warns the Chamber of Mines.

S&P ratings reprieve won't boost SA markets - analyst

2016-06-03 18:43

The move by Standard & Poor’s to keep South Africa’s credit rating on hold was largely the consensus market view, says Craig Sherman from Ashburton Investments.

SA economic prospects don't look promising - Kganyago

2016-06-01 13:58

Recent shocks to growth and inflation have created a great deal of uncertainty and he can't predict the outcome of a rating review, says Sarb governor Lesetja Kganyago.

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