Moody's says the decision was taken due to uncertainties and implications for the company's liquidity.
Moody’s downgraded the long-term corporate family rating of Eskom and its zero coupon euro bonds to Ba2 from Ba1.
The Finance Minister’s office says Finance Minster Malusi Gigaba has to attend a meeting with the African National Congress leadership today.
China’s top leadership has identified the containment of financial risks and asset bubbles as a top priority this year.
Some economists expect the Reserve Bank to keep the repo rate at 7% for the 14th consecutive month.
Moody's Investors Service has kept South Africa's sovereign rating unchanged at Baa2.
The ratings agency has kept South Africa's sovereign rating unchanged at Baa2.
The ratings agency is expected to review South Africa's Baa2 rating with a negative outlook in November.
It’s raised concerns over the decision by some local institutional investors to stop lending to parastatals.
SA has dodged downgrades from S&P Global & Moody’s, taking some pressure off President Jacob Zuma.
Pravin Gordhan says government is working to turn the economy around but this must be a collective effort.
Both Standard & Poor’s & Fitch have the country’s credit rating at one notch above junk status.
Finance Minister Pravin Gordhan and 702 Afternoon Drive Host Xolani Gwala discuss what the unchanged credit rating means for South Africa’s economy.
Treasury says govt has continued to demonstrate determination to bring public finances under control.
Treasury said government would continue to demonstrate its commitment to translate plans into actions.
Lesetja Kganyago told CNBC Africa in an interview on Thursday that this was a sign of investor confidence.
Ramaphosa says SA is politically stable & govt is creating billions of rands of new investment.
The rand broke through the R16 to the dollar mark & continued to drop throughout yesterday.
