-
Gigaba: Investors want ANC to explain radical economic transformation
President Jacob Zuma has said he will redistribute wealth in the economy, still largely held by a white minority, to poor black people.
-
Gigaba: Treasury committed to fiscal consolidation after downgrades
Finance Minister Malusi Gigaba said the Treasury aims to stabilise the government’s net debt over the next three years at 50% of gross domestic production (GDP).
-
Fedusa, Nedlac vow to improve SA's investment levels
It follows the decision by rating agencies to downgrade the country to junk status after President Jacob Zuma’s Cabinet reshuffle.
-
EFF: Fitch’s decision to downgrade SA is due to Zuma’s stupid reshuffling
On Friday, Fitch said it was dropping South Africa’s status to below investment grade because it believed economic policy was about to change.
-
EFF extends invite to ANC members to march against Zuma on Wednesday
The EFF together with other six opposition parties including the DA, Cope, Inkatha Freedom Party, and the UDM will march on Wednesday.
-
Fitch may be next to slap South Africa with 'junk' rating
S&P Global Ratings cut South Africa's foreign currency debt to speculative grade or "junk" status in an unscheduled review on Monday.
-
S&P downgrades rating on SA banks
This follows the 3 April announcement by S&P that it had lowered its foreign currency ratings on South Africa.
-
[OPINION] The outrage continues!
Judith February says it truly has been a watershed week for South African politics.
-
[WATCH LIVE] Gigaba briefs media on credit rating downgrade
The Finance Minister is responding after S&P global on Monday downgraded SA's credit rating.
-
Moody’s won’t issue credit rating decision on SA this week
The agency announced on Monday night that it was placing the country’s sovereign credit rating on review.
-
[OPINION] Is anyone listening? Of downgrades, hubris and redemption
Elizabeth Sidiropoulos says our new normal bodes poorly for the president’s ‘radical economic transformation’ agenda.
-
Coovadia: Downgrade will affect entire economy
The Banking Association of South Africa's (Bassa) Cas Coovadia says he has been working with Treasury for 16 months to avoid the very same downgrade the country has woken up to.
-
What the downgrade means for you
Eyewitness News helps you understand what the ratings downgrade means and why you should care.
-
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.
-
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.
-
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.
-
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.
-
#JunkStatus: The good, the bad & the ugly (Yes, S&P found some good)
EWN unpacks why Standard and Poor's downgraded South Africa's credit and currency rating, and what you need to know.
-
Rand sees 2% drop after SA junk status announcement
Standard & Poor’s Global has lowered South Africa sovereign credit rating to BB+ or junk status.
-
'SA local debt rating downgrade could spark $10 bln outflow'
US Bancorp says the departure of Pravin Gordhan threatens to tip SA's higher profile foreign currency credit rating into non-investment grade.
-
‘We don’t work for ratings agencies, we work for the country’
Gwede Mantashe says it seems Standard & Poor’s doesn't want to rate the country but tell it what to do.
