Fitch ratings
Mboweni: Fitch & Moody's credit rating downgrades painful
Reacting to the news, Finance Minister Tito Mboweni said that there was an urgent need for government and its social partners to implement structural reforms to...
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South Africa faces battle to rein in spending - Fitch
Ratings agency Fitch said the country had a poor track record of delivering debt and spending cuts.
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Land Bank debt default draws attention to SOE's finances
Land Bank is one of several state-owned firms that are facing financial difficulties and piling pressure on President Cyril Ramaphosa’s cash-strapped government as it scrambles to revive a recession hit-economy.
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DA: Ratings downgrades should be wakeup call for government
On Thursday Fitch downgraded the country's credit rating to BB with a negative outlook, while Moody's dropped it to junk status last week.
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Treasury notes Fitch downgrade, commits to work towards recovery
Fitch has downgraded South Africa's credit rating to BB from BB+, while also assigning a negative outlook.
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Fitch downgrades SA's credit rating to BB with negative outlook
This comes after Moody's put the country in junks status a week ago.
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Fitch holds SA currency debt ratings at BB+ with negative outlook
The ratings agency said that the country's ratings were constrained by low growth potential, high and rising government debt, large contingent liabilities as well as the risk of rising social tensions due to extremely high inequality.
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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.
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Fitch downgrades Saudi credit ratings over military tentions
The agency said in a statement it had lowered Saudi Arabia's long-term foreign-currency issuer rating from A+ to A, with a stable outlook.
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Fitch downgrades Hong Kong after months of protests
Hong Kong’s rating outlook is negative, Fitch Ratings said on Friday.
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Rand, bonds tumble as Moody's and Fitch warn of Eskom risk
At 1600 GMT, the rand was 1.24% weaker at 14.2650 per dollar, bringing its weekly losses to more than 3%.
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Apparent ANC victory could mean major economic policy shift unlikely - Fitch
The agency also said the apparent victory of the African National Congress was consistent with the view that a major economic policy shift was unlikely.
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Treasury focuses on regaining SA's investment grade status
Fitch Ratings has affirmed South Africa’s long-term foreign and local currency debt ratings at BB+ with a stable outlook.
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Fitch affirms SA’s rating at BB+ with stable outlook
It’s the third major agency to keep its rating unchanged with Fitch and S&P Global keeping South Africa at sub-investment grade.
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Fitch keeps ratings of SA’s major banks unchanged
The banks all have the same rating as Fitch says this reflects the overall outlook for the country.
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Fitch expresses concerns following Mboweni’s MTBPS
The agency has given its verdict on the budget speech, presented by the minister on Wednesday.
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Fitch notes Mboweni lowered SA revenue projections to be more realistic
The agency has given its verdict on the mid-term budget speech presented by Finance Minister Tito Mboweni on Wednesday.
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CEO Initiative welcomes Fitch’s decision to retain SA rating
Fitch says South Africa’s rating is weighed down by a low growth trend, sizeable government debt and contingent liabilities.
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Signs show SA economy is growing - Treasury
Treasury says it believes changes in political leadership have led to a significant improvement in economic confidence and government is prioritising inclusive growth.
