Tag: Eskom
When to quit as a director?
With the financial and governance issues that have affected the reputation and financial health of companies such as Eskom and Oakbay Resources and Energy...
Embracing Chaos – Do Troubled Times Favour the Bold?
When things look their bleakest is when mighty business empires are formed.
When the headlines are full of #GuptaLeaks, credit rating agencies, US President Donald...
Molefe vs Gordhan
The [fake] case of state protection failing employment justice?
Given how I have spent the last twenty or so years of my career, I tend at second blush when evaluating individuals in their careers to view them through an employment relations lens (and with those higher profile employees a bit of governance oversight thrown in).
S&P ratings downgrade unscheduled!
On 3 April 2017, Standard and Poor’s Ratings Services decided to cut South Africa’s international credit rating from BBB- to BB+.
A rating of BB+ is considered below investment grade (sometimes referred to as "junk status”). Unfortunately, the negative ratings outlook was also retained, suggesting that S&P could revise the country’s credit rating lower at year-end should the fiscal parameters deteriorate significantly.