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This picture taken on 17 January, 2012 shows a close-up of a page of the Ratings agency Fitch website. Picture: AFP.

Credit ratings agencies

S&P Global, Fitch affirm SA’s ratings – govt acknowledges pressures

By Ray White

S&P said it affirmed South Africa's long-term foreign and local currency debt ratings at 'BB minus' and 'BB', respectively.

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    Mboweni: Ratings agencies not impressed with MTBPS

    The Finance Minister said that his mid-term budget review – which painted a bleak picture of the country’s finances – had not gone down well with international ratings agency Fitch.

    932 days ago
  • Moody's. Picture: Facebook.

    Economists monitoring Moody's in wake of Fitch ratings decision

    On Friday, Fitch announced that it was changing its outlook for South Africa from stable to negative and also kept South Africa's long-term foreign and local currency debt on BB plus.

    1026 days ago
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    Rating agencies knew of stress at India's IL&FS, but gave good ratings - audit

    Audit firm Grant Thornton was appointed by IL&FS’ new board to conduct the review following the government’s decision to take charge of the group after its defaults on debt obligations sparked fears of financial contagion.

    1034 days ago
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    1155 days ago
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    1187 days ago
  • Picture: Supplied

    Treasury to implement measures to regain SA's investment status

    Ratings agency Fitch has affirmed South Africa's long-term foreign and local currency debt ratings at BB+ with a stable outlook. The ratings, therefore, remain below investment grade.

    1260 days ago
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    The world's top three rating agencies are American: Moody's, Fitch Ratings and S&P Global, formerly known as Standard & Poor's.

    1301 days ago
  • A sign for Moody's rating agency stands in front of the company headquarters in New York in 2012. Picture: AFP.

    Moody's says weaker SA fiscal outlook a credit negative

    The rand turned weaker after Moody's report was released. It fell 0.22% against the dollar, more than erasing a 0.41% gain earlier in the session.

    1302 days ago
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    What role did credit ratings play in the 2008 crisis?

    A common narrative for the start of the financial crisis suggests that credit agencies downplayed the riskiness of RMBS, drawing in lenders who did not appreciate their intrinsic risk.

    1370 days ago
  • Picture: Supplied.

    Govt expects SA credit rating to return to investment grade in 24 months

    Gigaba has told Reuters that government told ratings agencies that it will to step up efforts to dispose of assets in some state-owned entities to raise money for recapitalisation.

    1548 days ago
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    Gigaba's Budget must inspire investor confidence, avoid downgrade - economist

    Treasury is expected to spell out tough decisions to plug a revenue gap and narrow the country's budget deficit.

    1549 days ago
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    Reserve Bank likely to leave rates on hold for now - economists

    Members of the Reserve Bank’s Monetary Policy Committee would have over the past two days weighed up a number of factors when deciding on the next interest rate decision.

    1583 days ago
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    ANC stalwarts call for Zuma's exit in new year's message

    The stalwarts congratulated Cyril Ramaphosa on his election as president of the ANC, saying he would not have an easy road, given the challenges the ANC faces.

    1600 days ago
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    [LISTEN] The effect of emigration on property value in SA

    The cost of large houses is also resulting in more people selling their houses to downgrade to smaller properties.

    1634 days ago
  • Picture: Suplied

    Rand weaker as downgrade fears dim demand

    The rand dived to a 12-month low on Friday on reports President Jacob Zuma government was considering a range of budget cuts to pay for free tertiary education.

    1649 days ago
  • Picture: Facebook

    SA's budget woes raise stakes for rating reviews

    The downgrade concerns have been re-ignited after South Africa’s budget on Wednesday saw the Treasury hike its fiscal deficit forecast for this year to 4.3% of gross domestic product.

    1666 days ago
  • Picture: EWN.

    Moody’s set to release review of SA debt

    In June, Moody's cut its rating to one notch above junk status with a negative outlook.

    1743 days ago
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