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Treasury welcomes Fitch’s decision to keep SA's rating unchanged
Fitch has re-affirmed South Africa’s rating at BB+ with a stable outlook.
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Nedbank says revenue slows as downgrade weighs
Credit ratings agencies S&P Global Ratings and Fitch in April slashed South Africa's rating to sub-investment grade after a Cabinet reshuffle by President Jacob Zuma and downgraded the nation's banks soon after.
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Fitch 'very concerned' situation in SA not improving: union
In April, Fitch cut South Africa's debt to subinvestment, citing the recent Cabinet reshuffle when President Zuma fired his third finance minister in two years.
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[LISTEN] Downgrade could increase price of medicine
SA's credit rating downgrade to junk status by Standard and Poor's Global and Fitch has raised concerns over the increasing cost of medicine for South Africans.
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Downgrade could affect job creation, economic growth - Groepe
The deputy governor of the Reserve Bank says employment opportunities & economic growth could be among the factors taking a knock in the wake of a downgrade.
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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.
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It’s ignorance to say junk status is good news - economist
Nedbank chief economist Dennis Dykes says there is clearly little understanding of what this means for the country.
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Minimal clashes reported during Friday anti-Zuma marches - govt
Communications Minister Ayanda Dlodlo commended the public for their responsible behaviour but also the law enforcement agencies.
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Police to continue monitor Gupta family compound in Saxonworld
A large group of demonstrators spent most of on Friday, calling for President Jacob Zuma and the Guptas to go.
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'Fitch’s decision shows ANC needs to reflect on its leadership capability'
Banking Council Managing Director Cas Coovadia says this decision by Fitch shows how quickly international markets can react.
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Finance ministry ‘disagrees’ with Fitch’s findings
Fitch says it downgraded SA rating to below investment grade or junk because it believes President Zuma's reshuffle will lead to a change in economic policy.
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Fitch: Cabinet reshuffle will add to political uncertainty
The ratings agency says the Cabinet reshuffle signals a change in policy direction and will raise political tensions within the ANC.
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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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Experts describe S&P rating on SA as a surprise
The credit ratings agency became the last agency to make its announcement on Friday.
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S&P: SA needs to keep growth above 1 percent avoid possible downgrade
The agency has kept its rating unchanged at BBB-, keeping the country above junk status.
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S&P: Political tensions and slow economic growth still 2 major concerns
S&P global says it will continue to assess the overall economic outlook with the next six months critical.
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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.
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Some experts warn of possible downgrade by S&P
SA has been trying to avert a sovereign rating downgrade to junk status that would raise borrowing costs.
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Eskom 'will learn' from concerns raised by Standard & Poor’s
The agency has reduced the power utility’s long-term corporate credit rating from Baa2 to BBB-.
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#RandReport: Rand weakens as Fitch cuts SA's outlook to negative
Fitch said that the economy of Africa’s most industrialised country may have started to recover but political risks remained.
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Gordhan: Fitch results a 'fantastic achievement'
The credit rating agency has changed South Africa's outlook from stable to negative but kept the credit rating at BBB minus.
