South Africa credit downgrade may do less damage than feared: LONDON (Reuters) - South Africa will learn soon whether Cyril Ramaphosa's first month as president has saved the country's last remaining investment grade rating, but even if it hasn't, a broader rise in optimism should limit the damage. Moody's, with a ... Source: "South Africa" - BingNews Cyril Ramaphosa … [Read more...] about SA News: South Africa credit downgrade may do less damage than feared
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SA News: Moody’s places Telkom on review for downgrade
Moody’s places Telkom on review for downgrade: “However AngloGold Ashanti Limited, Gold Fields Limited, Naspers Limited and Steinhoff International Holdings N.V. have significant diversification outside South Africa so have the potential to be rated at least one notch above the South African sovereig Source: "South Africa" - BingNews Scott Andrews set to start for Wales … [Read more...] about SA News: Moody’s places Telkom on review for downgrade
SA News: Has the resignation of Zimbabwe’s President Mugabe put SA’s downgrade on hold?
Has the resignation of Zimbabwe’s President Mugabe put SA’s downgrade on hold?: Credit rating downgrades for South Africa that were widely expected for “Black Friday” (24 November) appear less likely after the resignation of Pres. Robert Mugabe of Zimbabwe. Credit rating agencies cite political related risks as the major element ... Source: "South Africa" - BingNews Wits … [Read more...] about SA News: Has the resignation of Zimbabwe’s President Mugabe put SA’s downgrade on hold?
SA News: Israel hopeful South Africa won’t downgrade relations
Israel hopeful South Africa won't downgrade relations: The Israeli government believes the South African government is not keen to downgrade relations between the two countries – despite an ANC recommendation to do so. By PETER FABRICIUS. After meeting Minister in the Presidency Jeff Radebe earlier this week ... Source: "South Africa" - BingNews Le Clos planning to build … [Read more...] about SA News: Israel hopeful South Africa won’t downgrade relations
SA News: SA’s $14bn question as downgrade to junk looms
SA’s bn question as downgrade to junk looms: Wall Street and other global banks say it’s a question of when, not if, South Africa loses investment grade status on its local-currency ratings. The bigger question is how much damage that would cause. Bank of America Corporation estimates there may be ... Source: "South Africa" - BingNews Talk of 'flawed' processes ahead of … [Read more...] about SA News: SA’s $14bn question as downgrade to junk looms
