Tag: Standard and Poor
Further into junk
Moody’s and Fitch downgraded SA’s foreign-currency sovereign rating and its local-currency rating.
South Africa’s Credit Rating History – 1994 to 2017
Victor Mphaphuli | Co-head | STANLIB Fixed Income | media@stanlib.com | www.stanlib.com |
South Africa’s economic history since 1994 when the country first asked global...
Is South Africa in a Crisis?
https://youtu.be/EDwGX6dX8Xw
Lesiba Mothata | Executive Chief Economist | Alexander Forbes | http://www.alexanderforbes.co.za/ |
READ MORE: Dealing with credit rating downgrades
Dealing with credit rating downgrades
Lesiba Mothata | Executive Chief Economist |
Gyongyi King | Chief Investment Officer |
| Alexander Forbes | http://www.alexanderforbes.co.za/ |
S&P Global Ratings has, for the first time...
FICA amended – Needs implementation
With South Africa already on precarious ground as a result of its alleged ‘state capture’, not least also the effects of South Africa being...
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.
RATINGS REPRIEVE, BUT WORK TO BE DONE
After a tense period in which the three major global ratings agencies assessed the local economy, government policy and more, South Africans can head...
INVESTMENT PROSPECTS LOOKING UP
After narrowly escaping Fitch and Moody’s downgrades last week, South Africa is still on tenterhooks over S&P’s rating decision. But investors should beware of...
