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Tag: junk

Can we now say goodbye to junk email?

IT has taken six years, but at last a new law to control those who would access our personal information without permission, is operational. The new measures hope to stop the...

South Africa junk spiral may deepen as S&P likely to cut outlook

South Africa could move deeper into junk territory as the nation looks set to lose the only stable outlook on its credit ratings this week. Of the 22 economists in a Bloomberg...

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...

Consumers ‘in for a rough ride’ if SA hits ratings junk status

The panic about a possible sub-investment grade came after Moody’s expressed concern over the bailout of SOEs and the lack of growth in the economy. As rumours do the rounds that international...

Why Moody’s could spare South Africa from junk

Ratings agency Moody’s says that even though South Africa’s budget points to fiscal deterioration, and was seen overall as credit negative, the analysis that goes into a ratings decision is more...

MUST READ

Western Cape remains an attractive destination for foreign direct investment

Global foreign direct investment (FDI) flows recovered to US$1.58 trillion in 2021, up from US$963 billion recorded in 2020 and higher than pre-pandemic...

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