Economists say the weakness in the rand shows that the currency is starting to factor in the possibilities of a credit downgrade. This comes after the release of…
by Staff WriterMoody’s says South Africa is still skating on thin ice. However, the rating agency says all that can change is if it improves the rising debt levels and…
by Staff WriterJOHANNESBURG - The decision by Moody’s to keep its investment rating for the country above sub-investment grade has been broadly welcomed.
by Staff WriterSouth Africa will find it harder to raise funds and service its foreign debt after a worsening of external financing conditions in recent months due to a fall…
by Staff WriterWhile disappointed with Moody’s decision to downgrade it, Eskom on Thursday said it is optimistic that its credit profile will improve.
by Staff WriterDeputy Finance Minister Mondli Gungubele says land expropriation without compensation is a regular topic in their discussions in New York.
by Staff WriterFinance Minister Nhlanhla Nene has met with rating agency Moody’s to outline government’s plans.
by Staff WriterCAPE TOWN/LONDON - South African bonds stayed in demand on Thursday as markets priced in expectations that government efforts to reduce the country’s large debt pile will enable…
by Staff WriterJOHANNESBURG - Ratings agency Moody’s said on Monday the budget statement presented by South African Finance Minister Malusi Gigaba last week was credit negative, while a reserve bank…
by Staff WriterSo we can hire more journalists to join the network and share stories to reach more people. We are counting on you.
