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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...

What Moody’s thinks about Eskom, the elections and the economy

Global ratings group Moody’s has published a research report on South Africa, with insight into its decision to let its traditional review date pass without action – leaving the country’s sovereign...

Davies hopes Moody’s will cut SA some slack with credit rating

Government is on tenterhooks as it awaits a decision from ratings agency Moody's on Friday. Trade and Industry Minister Rob Davies says that he hopes that Moody's will recognise government's efforts to rebuild the economy. Davies...

Recession reignites credit-rating downgrade concern

South Africa’s unexpected slump into a second recession in almost a decade has boosted fears of another round of credit-rating downgrades that could see a sell-off in local-currency bonds. The...

National Treasury aims to restore SA investment grade rating

Government will engage ratings agency S&P Global on their areas of concern, while taking steps to restore South Africa's investment grade credit rating - a top priority, the National Treasury said. ...

City of Cape Town faces credit rating downgrade

A credit downgrade looms for Cape Town as the water crisis slices through its funds, prompting the City to increase borrowing for the first time in four years while debt is...


Cape Town getting closer to turning waste into wattage

The City of Cape Town’s Mayoral Committee Members for Urban Waste Management and Energy visited the Coastal Park landfill Tuesday, 27 February 2024, to...


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