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Economists: Pravin fallout bound to plunge SA into junk status
There’s agreement the probe raises doubt about whether Gordhan has the power to implement fiscal reforms.
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Hard work now begins to ensure SA isn’t downgraded in December – Economists
Finance Minister Pravin Gordhan has echoed these sentiments, adding it’s time to implement economic reforms.
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CARTOON: Saved by the Hair of our Chinny-Chin-Chins!
CARTOON: Saved by the Hair of our Chinny-Chin-Chins!
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Will Fitch follow suit in affirming SA’s credit rating?
Economists are optimistic that Fitch will keep SA’s rating unchanged -but may lower its outlook to negative.
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SA business confidence slips to all-time low
Sacci's Business Confidence Index fell to 79.3 in May from 82.5 the previous month.
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Fitch may keep SA rating but cut outlook - analysts
SA has dodged downgrades from S&P Global & Moody’s, taking some pressure off President Jacob Zuma.
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Good news for SA, from S&P
Standard & Poor’s Global says it does not see SA's economy slipping into a recession any time soon.
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'Challenging economic climate will decrease slightly'
S&P Global Ratings decided to keep its rating for South Africa unchanged at triple b-minus.
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‘There needs to be a collective effort to improve the economy’
Pravin Gordhan says government is working to turn the economy around but this must be a collective effort.
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Great anticipation ahead of looming ratings announcement
Standard & Poor’s is expected to make its credit rating announcement this evening.
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Gordhan: SA has done enough to avoid a downgrade
The minister says govt, the private sector & organised labour have worked hard over the last few months.
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Economists warn a downgrade by S&P will affect all South Africans
Economists warned a downgrade by Standard & Poor's to junk status could have a number of consequences.
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#RandReport: Rand recovers, helped by higher commodity prices
The rand was expected to remain in a narrow range as investors awaited more clues on SA’s rating.
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S&P set to announce review on SA’s credit rating this week
Both Standard & Poor’s & Fitch have the country’s credit rating at one notch above junk status.
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SA's possible slide to 'junk' welcomed by yield-hungry investors
Fitch and S&P’s both rate South Africa debt at BBB-, one notch above speculative grade.
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Fitch gives SA 'guidance' on upcoming ratings
Fitch has advised government against populist measures such as introducing a minimum wage.
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SA met S&P team, spoke to Fitch last week - Treasury
The meeting was held ahead of a review which could see the country’s debt rating cut to junk.
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Gordhan says politicians must stop ‘narrow politicking’ in the interests of SA
The finance minister says SA's level of debt is sustainable & its budget deficit is being well-managed.
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Treasury insists it's bringing finances under control after Moody's rating
Treasury said government would continue to demonstrate its commitment to translate plans into actions.
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Economists weigh in on Moody's affirmation of SA's ratings
They say Moody's announcement shows the country has good prospects of economic growth.
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Treasury responds to Moody's decision to maintain credit rating
The ratings agency has confirmed SA’s rating at Baa 2 & adjusted the outlook from stable to negative.
