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SA's rating remains under pressure - Moody's

South Africa's Baa1 credit rating remains under pressure, while its current rating range belies the strain in the economy is under, says a Moody's analyst.

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More bad news as ratings review looms

As concern mounts about a possible downgrade of South Africa's credit rating, the latest business confidence index reflects another bleak view of the economy.

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Treasury stands firm despite ratings hit

National Treasury says it is committed to the fiscal path stated in the budget, after Fitch ratings agency changed the SA's outlook to negative from stable.

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Eskom credit rating downgraded

Eskom has noted the lowering of its credit rating by Fitch, but added that it continues to target the stability of its credit profile.

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Economy at the abyss

It's time for government to take the downgrade threat seriously, says Mzwandile Jacks.

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Money markets 'AAA' rating unlikely - Fitch

Fitch Ratings says South African money market funds are highly unlikely to achieve a 'AAA' National Fund Credit Rating.

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SA rating may not change over next 24 months

South Africa’s credit rating is unlikely to change in the next review, but an electricity crunch will shave 30% off this year's economic growth, says S&P's ratings agency.

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Power crisis cripples investment, risks rating

The economy could have been 10% larger if power shortages had not stifled growth and investment, putting SA's debt at risk of being cut to junk, estimates show.

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S&P warns of imminent downgrade for miners

Standard & Poor's has warned it may soon downgrade several mining companies as it lowered its iron ore price estimates for the next couple of years.

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S&P affirms Eqstra Holdings' rating

S&P’s Rating Service has affirmed Eqstra Holdings' zaBBB+ rating, noting the company's resilient financial performance in a challenging domestic environment.

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Low growth, public debt jeopardise rates outlook

A lacklustre growth outlook and rising public debt remain the most crucial factors that can lead to negative ratings from ratings agencies, says the Reserve Bank.

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Fitch affirms negative outlook for SA economy

Government has acknowledged that economic growth performance needs to be accelerated, in response to Fitch Ratings' affirmation of South Africa’s credit rating.

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Bank of America dares on SA bonds, trusting Nene as peers dissent

Bank of America Merrill Lynch is out on a limb with its call to buy South African dollar bonds, while SA's finance minister has shown resolve to get the fiscal house in order.

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Zambia urges investors to ignore Moody’s downgrade

Zambia has urged investors to ignore what it calls an 'unsolicited' credit downgrade from rating agency Moody's and says it is mindful of the need to maintain debt.

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Possibility of SA junk downgrade remote - S&P

South Africa is unlikely to immediately face credit downgrades that will rank the country’s debt junk at two ratings companies, according to Standard & Poor’s.

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Brazil on review for cut to junk status

Moody's has put Brazil's sovereign rating on review for a downgrade to junk status, piling more pressure on embattled President Dilma Rousseff.

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In the markets: What to watch this week

Last week, the Bank of Japan’s governor had some explaining to do at the G20 meeting in Shanghai, while SA was mostly focused on the Budget Speech. What can we look forward to this week?

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Government bonds and credit ratings: How they work and why they matter

In recent months, much has been said about a possible ratings downgrade of South Africa’s sovereign debt. finweek’s contributor Simon Brown breaks it down for you.

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Don’t let fear set you up for investment failure

Anet Ahern, chief investment officer at PSG Asset Management, on what investors should keep in mind during turbulent economic times.

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While 2016 will only get worse, 2017 brings hope in SA

South African consumers are in for tough economic times in 2016 due to the drought and the effect of an imminent ratings downgrade, but 2017 could offer some relief.

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