S&P downgrades South Africa rating: South Africa suffered another blow when a major credit rating agency downgraded the country’s local debt to “junk” and sent its currency sliding again. S&P also trimmed the rating on South Africa’s international debt on Friday by one notch, to BB …
Source: “South Africa” – BingNews
S&P Cuts South Africa Debt Rating, Moody’s Issues Warning: S&P Global Ratings cut South Africa’s local-currency debt score to junk on Friday, while Moody’s Investors Service also threatened to slash its ranking to the same level, raising the risk of a selloff from global indexes. S&P lowered the country’s …
Source: “South Africa” – BingNews
Din in Zim may wake South Africa up: There is no certainty the events of the past 10 days will bring democracy to Zimbabwe. But it is conceivable they will awake South Africans from their own sleepwalk along the path that destroyed Zimbabwe. Commentators have been scurrying to “draw lessons …
Source: “South Africa” – BingNews
