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Gigaba: Talks with rating agencies focused on Cabinet reshuffle, policy
Finance Minister Malusi Gigaba maintains that SA shouldn't believe that changing one individual could have led to this, saying there are a whole range of issues that led to the downgrade.
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What the downgrade means for you
Eyewitness News helps you understand what the ratings downgrade means and why you should care.
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JSE's Newton-King: Credit rating moves a catastrophic moment for SA
Economists say the decisions mean it’s going to be harder and more expensive for government to borrow money and that there will be less money for government services.
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Treasury: SA committed to predictable & consistent policy framework
Treasury says while the leadership of the finance portfolio has changed, government’s overall policy remains the same.
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S&P: Likely policy shifts left no choice on SA downgrade decision
The agency says it now rates the country at BB+, citing the pace of economic growth as a major concern.
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Moody’s places SA’s credit rating on review for downgrade
The review will allow Moody’s to assess these risks and if the changes in leadership signals a weakening in the country's institutional, economic and fiscal strength.
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BLSA warns axing Gordhan will hit South Africans hardest
Several business groups have said this week they are worried about any action that could be taken against Gordhan.
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S&P anticipates improved economic conditions globally
Sluggish economic growth was highlighted last year by S&P Global as one of the reasons why the country is rated at BBB minus.
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S&P Global Ratings: SA economic growth likely to be disappointing
The credit rating agency is hosting a conference in Cape Town on what is expected for the local economy.
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Rand strengthens following US interest rate hike
The rand continues to trade at its best levels in 20 months against the US dollar.
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S&P Global reiterates concerns over SA
The country is facing the prospect of downgrades to its sovereign credit ratings which would raise the cost of borrowing.
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Gordhan defends need for SA to deal with ratings agencies
The Finance Minister says that Treasury has spoken to Standard & Poor's and Fitch and Moody’s after the Budget Speech.
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[OPINION] Why BRICS idea for alternative rating agency may not work
Considering that the three major rating agencies control more than 90% of the world’s ratings business, establishing a new one wouldn’t be easy.
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Gordhan advised to focus on SOEs in Budget speech
An academic says wasteful expenditure by state-owned entities should be the focal point of the upcoming Budget speech.
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SA not outsourcing printing of bank notes, says Reserve Bank governor
Lesetja Kganyago says the bank is ensuring that an international company can print South Africa’s bank notes if the need arises.
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Gordhan: SA facing politically & economically challenging 2017
Finance Minister Pravin Gordhan elaborated on efforts by government to alleviate poverty and grow the economy.
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Economists ‘not surprised’ by Fitch’s outlook for Eskom
An economist says that the change in outlook is a warning sign for the state-owned enterprise.
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SA's Q3 current account deficit widens to 4.1% of GDP
Exports fell during the quarter, resulting in a trade deficit of 4 billion rand.
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Zuma reassures investors after dodging credit downgrade
Zuma called for a focus on boosting growth & assured international investors that SA remains an important investment destination.
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Another credit rating hurdle awaits SA
S&P Global currently rates the country one notch above junk status and it’s hoped that South Africa can avoid a downgrade.
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Another day of ratings jitters for SA
S&P Global rates the country one notch above junk status and it’s hoped that the country can avoid a downgrade.
