Even though government’s fiscal decisions have turned the corner, the 2019 budget may have increased the risk that Moody’s may ultimately downgrade South Africa’s sovereign credit ratings, writes Elna Moolman
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
It’s a smokescreen, says EC Transport head suspended over Mthatha Airport downgradeMpolweni said there was an attempt to 'capture' the provincial department of transport and accused finance MEC Oscar Mabuyane of leading the charge.
Read more »
S&P downgrades Nissan on slowing sales and Carlos GhosnThe company’s rating was lowered for the first time in a decade to A- from A, with Moody’s also placing the car maker on review for a downgrade
Read more »
Fitch warns downgrade possible if Eskom turnaround failsFailure to implement a turnaround plan at Eskom could spell another downgrade for SA
Read more »
Economists warn Eskom saga could lead to credit downgradeEconomists have raised concerns that putting Eskom's debt on the government's balance sheet could have negative implications.
Read more »
Fitch warns downgrade possible if Eskom turnaround plan failsThe ratings agency warns that SA's rising debt also remains a concern
Read more »
Rand firms after Moody's hints at ratings reprieveOn Thursday, Moody’s, the last of the big three ratings agencies to maintain an investment grade on South Africa, said that the government’s decision to raise its spending ceiling by R16 billion did not weaken fiscal policy credibility.
Read more »