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Moodys
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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Moody’s decision on SA's credit rating widely welcomed
Moody's said it expects South Africa's credit profile to remain in line with those of other BAA3-rated sovereign nations.
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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.
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DA seeks answers from Moody’s over skipping SA rating review
The DA says Moody’s decision could lead to more uncertainty in the country’s investment market.
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Moody’s delays publishing SA ratings review
South African markets on Friday were on edge over the impending review, with some economists fearful that a power crisis will cost the country its last investment-grade rating.
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The markets will be fine as long as Cyril Ramaphosa remains president - analyst
Bruce Whitfield interviews Dr Adrian Saville, CEO of Cannon Asset Managers, and professor Chris Malikane of the University of Witwatersrand, on the upcoming Moody's ratings review of South Africa.
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Dark times: Economist explains why load shedding has come at a bad time for SA
The effects of load shedding are being felt by South Africans from all walks of life. Lullu Krugel, a senior economist for PriceWaterCoopers, breaks down the long-term effects of power cuts.
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Moody's warns Mexico violence hurting business
Mexico, Latin America's second-largest economy after Brazil, is struggling to deal with over a decade-long surge in violent crime fueled by powerful drug cartels.
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‘Credible’ plan to reform Eskom could help SA avoid junk status, MPs told
Moody’s is the only one of the three big rating agencies that still has South Africa at investment grade, with a stable outlook.
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#RandReport: Rand firms after Moody's hints at ratings reprieve
The rand rose 0.37% to 13.9675 to the dollar by 16:07 GMT compared with the previous day’s close of 14.0200 in New York.
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Rand firms after Moody's hints at ratings reprieve
On 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.
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After Eskom bailout, focus shifts to South Africa's credit rating
At 1700 GMT, the rand was trading at 14.0200 per dollar, little changed on the day. The yield on the benchmark 2026 bond dipped 2 basis points to 8.82%.
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Higher SA spending limit will not weaken policy credibility - Moody's
Moody’s, the last of the big three ratings agencies to rate South Africa in investment grade, is scheduled to review that rating next month.
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SA's tough choice: Land redistribution or mining investment?
Last year, rating agency Moody's said in a research note that "uncertainty over how (land reform) will be achieved continues to limit near-term investment."
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Kganyago sees no reason for a Moody's rating downgrade
Moody’s is the last of the top three ratings firms to have Pretoria’s long-term foreign-currency debt at investment grade.
