Moody’s considers South Africa’s investment rating: JOHANNESBURG – Ratings agency Moody’s has placed South Africa on review for a downgrade, a decision that was sparked by the recent cabinet resuffle. Moody’s says it is assessing the economic impact of the changes to leadership in key government …
Source: “South Africa” – BingNews
S&P cuts South Africa to junk as Zuma faces ANC backlash over Gordhan: JOHANNESBURG S&P cut South Africa’s credit rating to junk status on Monday, saying the dismissal of its respected finance minister heralded a damaging policy shift, while President Jacob Zuma readied for a showdown with other ANC leaders over the sacking.
Source: “South Africa” – BingNews
S&P; cuts South Africa rating to junk: S&P has cut South Africa’s credit rating to junk status, saying the dismissal of its respected finance minister heralded a damaging policy shift, while President Jacob Zuma readied for a showdown with other ANC leaders over the sacking. In an unscheduled …
Source: “South Africa” – BingNews
S&P cuts SA to ‘junk status’ for the first time in 17 years: The last time that S&P had South Africa on sub investment grade or “junk status” was before February 25 2000 – that day S&P gave the country its first investment grade rating for the first time. S&P Global reduced its rating for South Africa from BBB …
Source: “South Africa” – BingNews
Rand tumbles after S&P downgrades South Africa to ‘junk’: South Africa’s rand fell more than 2 percent on Monday to its weakest in almost three months after S&P Global Ratings cut the country’s credit score to sub-investment grade with a negative outlook after last week’s dismissal of the South African finance …
Source: “South Africa” – BingNews
