Moody’s set to announce decision on downgrade: Moody’s currently rates the country two notches above sub-investment grade at BAA2 with a negative outlook. ...... Source: WN.com - Southafrica News Alexandra residents left angry after heavy rains and no homes: Some displaced Alexandra residents say they've not been given any concrete solution to their living … [Read more...] about Moody’s set to announce decision on downgrade
moodys
Cabinet reacts to Moody’s rating
Pretoria - Cabinet has disagreed with a decision by bank rating agency Moody's Investor Service to downgrade the rating of South African banks from "stable" to "negative", saying its economic policies were supportive of growth and competiveness. "The policy choices are supportive of growth and increasing the competiveness of our economy, enhancing greater investment in … [Read more...] about Cabinet reacts to Moody’s rating
Higher economic growth still a priority, despite rating
Pretoria - The South African government will continue to prioritise higher economic growth and job creation at the core of its economic policy, National Treasury said. On Wednesday, Moody's Investor Services revised the country's A3 rating outlook from stable to negative. The rating agency cited slower economic growth than what was previously expected as well a growing … [Read more...] about Higher economic growth still a priority, despite rating
Moody’s Changes Gold Fields Baa3 Credit Rating Outlook to Positive
Moody's Investor Services ("Moody's") today announced a change to Gold Fields Limited ("Gold Fields") (JSE, NYSE, NASDAQ Dubai: GFI) Baa3 rating outlook to positive from stable. Moody's said: "The change in outlook was mainly prompted by Gold Fields' continued progress in terms of further diversifying its production and EBITDA geographically and becoming less dependent on … [Read more...] about Moody’s Changes Gold Fields Baa3 Credit Rating Outlook to Positive
