This is how Moody's could change your life tonight

2019-11-01 15:47

Losing its investment grade is not the end of the world – other countries, like Brazil, have been junk for years.

S&P keeps Eskom's credit rating at junk status

2018-11-29 20:22

Ratings agency Standard & Poor's affirmed Eskom's credit rating at CCC+, which is below sub-investment grade, with a negative outlook.

Moody's: SA's low growth, ineffective SARS affecting tax collections

2018-10-18 17:07

Ratings agency Moody's has assessed SA's fiscal strength to be moderate as Treasury has been able to keep spending below the expenditure ceiling.

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.


Mboweni: Pray we don't get a downgrade

2019-11-01 12:19

Finance Minister Tito Mboweni is turning to God to help SA avoid a downgrade.

Fitch sees muted impact from SA measures to boost growth

2018-10-26 06:53

The impact of spending reprioritisation announced in South Africa’s medium-term budget policy statement is to unlikely meaningfully boost economic growth, says the ratings agency.

S&P keeps SA sovereign credit rating unchanged

2018-05-25 22:49

Ratings agency S&P Global Ratings on Friday evening affirmed the credit rating of SA's local and foreign debt, saying the country still faced considerable economic challenges.

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.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.