Tag: Fitch
Moody’s and Fitch send warning to South Africa
Moody’s Investors Service has warned that slightly lower deficits won’t prevent debt rising in South Africa, as downside risks remain elevated in the country.
The ratings agency was referencing South Africa’s 2021...
Fitch downgrade pushes Eskom further into junk
Eskom’s mounting debt woes are posing the risk of crippling the country’s stagnant economy further as the power utility’s credit rating has been pushed deeper into the abyss with a negative...
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South Africa’s economy facing optimistic future
KPMG shares insights from their South Africa Economic Outlook
In search of fiscal consolidation
Positive post-election sentiment coupled with improved energy availability and reduced inflation...