South Africa’s rand slumped on Wednesday as ratings agency Moody’s warned that the pace of fiscal consolidation in Africa’s most industrialised economy had slowed.
by Staff WriterMoody’s Investors Service said it has downgraded Angola‘s rating by one notch to B3 due to an increased debt burden, offset in part by higher oil revenues.
by Staff WriterJOHANNESBURG - Ratings agency Moody’s on Friday affirmed South Africa’s investment-grade credit rating and revised its credit outlook to stable from negative, saying the previous weakening of national…
by Staff WriterJOHANNESBURG - Ratings agency Moody’s on Thursday downgraded Steinhoff’s debt deeper into “junk” territory and warned further downgrades could follow due to mounting cash flow problems at the…
by Staff WriterPretoria - Moody’s Investor Services has affirmed Eskom’s credit rating, assigning it to a national scale rating of A2.za.
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