Payroll must help employees beat the “downgrade blues”: Photo: Cathie Webb South African Payroll Association The recent downgrade of South African government debt increases economic uncertainty, with unpredictable effects. “While many of the outcomes of the downgrade have been surprising, one thing is clear: government debt is going to be more expensive. That will almost … [Read more...] about Payroll must help employees beat the “downgrade blues”
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Downgrade: a wake-up call for South Africa to revisit key economic policies | The Conversation
Downgrade: a wake-up call for South Africa to revisit key economic policies: South Africa's new Finance Minister Malusi Gigaba. Reuters/James OatwaySouth Africa is digesting the news of Standard & Poor’s (S&Ps) downgrade of its state debt held in foreign currency following President Jacob Zuma’s March cabinet reshuffle. As the country deals with that blow, two other … [Read more...] about Downgrade: a wake-up call for South Africa to revisit key economic policies | The Conversation
Public enterprises played a big part in South Africa’s credit ratings downgrade | The Conversation
Public enterprises played a big part in South Africa’s credit ratings downgrade: ShutterstockWith the broader implications of last week’s cabinet reshuffle in South Africa still being digested, capital markets have been quick to react. It took only a few days for S&P to formally report on its rating action in which it downgraded South Africa’s foreign currency government … [Read more...] about Public enterprises played a big part in South Africa’s credit ratings downgrade | The Conversation
After the downgrade: South Africa should copy Brazil and impeach its president | The Conversation
After the downgrade: South Africa should copy Brazil and impeach its president: South Africa's President Jacob Zuma looks on as his new cabinet members are sworn in. Reuters/Siphiwe SibekoThe news that South Africa’s sovereign rating has been downgraded caught many by surprise. But it was long coming. The main reason for the rating agency’s decision is clearly concerns … [Read more...] about After the downgrade: South Africa should copy Brazil and impeach its president | The Conversation
What a downgrade means for South Africa and what it can do about it | The Conversation
What a downgrade means for South Africa and what it can do about it: Justin Lane/EPARating agency Standard & Poor’s (S&P) has cut South Africa’s foreign currency rating to sub-investment grade status. Two other global ratings agencies, Fitch and Moody’s, may well follow suit. The Conversation Africa’s editor Caroline Southey asked Professor Adrian Saville to explain … [Read more...] about What a downgrade means for South Africa and what it can do about it | The Conversation