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Moodys
Eskom 'disappointed' by Moody’s decision to downgrade unsecured debt
The cash-strapped utility’s unsecured debt was downgraded from B3 to B2.
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Rand strengthens after Moody’s revises outlook on SA
On Friday, Moody’s kept South Africa’s sovereign debt at BAA3 but revised the outlook to 'negative', citing a deterioration in the economic growth outlook and rising debt.
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Mboweni: S.Africans must roll up their sleeves after Moody’s rating
Moody’s kept South Africa’s sovereign debt at BAA3, the lowest investment grade, but revised its outlook to negative, citing a deterioration in the economic growth outlook and rising debt.
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Moody’s rating on SA alarming, says Business Unity SA
Moody’s has decided to keep the country one notch above sub-investment grade, changing its outlook on the country’s credit rating from stable to negative.
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Moody’s decision to downgrade SA to negative was no surprise – DA
Moody’s changed its outlook on the country's credit rating from stable to negative.
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Economists: Moody’s decision to change SA’s outlook to negative was expected
The rating agency has changed its outlook on the country’s credit rating from the stable to negative but has affirmed the BAA3 long-term foreign and local currency rating.
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Heavy-hearted Mboweni reacts after Moody’s changes SA’s outlook to negative
Moody’s is the last of the three big ratings agencies to keep the country in positive territory.
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Moody’s changes SA’s outlook to negative from stable
Moody’s said the outlook revision on its ‘Baa3’ rating, the lowest rung of investment grade, was motivated by a deterioration in the economic growth outlook and rising debt.
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Traders, investors nervously await Moody’s rating on SA
Moody's is the last of the three big ratings agencies to keep the country in positive territory.
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Rand firms, stocks flat
At 1505 GMT the rand was 0.34% firmer at 15.2275 per dollar, bringing gains to 1.2% since Wednesday when the currency tumbled to just shy of an 11-month low.
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Mangaung to take ‘radical action’ following Moody’s downgrade
The city was downgraded three notches, leaving it on a B3 rating.
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Moody’s: Change is urgently needed at Eskom
The agency has given its view on the country’s power producer and the role it plays in economic growth.
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Rand, bonds tumble as Moody's and Fitch warn of Eskom risk
At 1600 GMT, the rand was 1.24% weaker at 14.2650 per dollar, bringing its weekly losses to more than 3%.
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Moody's says South Africa Q1 GDP contraction credit negative
Moody’s is the last of the big three international credit firms to rate South Africa at investment grade. It also cut its forecast for the country’s 2019 economic growth to 1.0% from 1.3%.
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Moody's again warns SA of growing debt
Moody’s was the last of the big three ratings agencies to give South Africa an investment-grade rating, so markets are sensitive to any pronouncement it makes on the fiscal and economic strength of Africa’s most industrialised economy.
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Rand boosted as Moody’s leaves SA’s rating unchanged
In its credit opinion report, which does not constitute a rating action, Moody's says South SA's credit rating remained at BAA3, the lowest rung of investment grade, with a stable outlook.
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Financial support for Eskom is not enough, warns Moody's
Earlier this year, Finance Minister Tito Mboweni allocated a R69 billion financial support package over the next three years to help Eskom service its debts.
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Moody's says SA still rated investment grade
Moody's says the current rating off BAA3 is supported by a diversified economy, a sound macro-economic policy framework and a deep pool of domestic investors.
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Moody’s SA rating delay welcomed amid fears of weaker rand
Economist Goolam Ballim said that the upcoming elections will be defining for South Africa's investment market depending on the outcome.
