SA received a reprieve from Moody’s on Friday night‚ with the agency remaining the most generous of the big three credit rating agencies in being the only one to still rate both foreign- and local-currency South African government bonds…
In a major reversal for Eskom’s nuclear plans‚ the Western Cape High Court has set aside the determination signed by former minister Tina Joemat-Pettersson in December last year which lays the basis for the nuclear procurement. Judge Lee…
If you’re in the market for a new set of wheels‚ now is not the time to buy. A bleak economic outlook looks set to play havoc with South Africans’ love of the latest new wheels‚ forcing many to settle for used cars or to hang on to their…
Standard and Poor’s has relegated South Africa to junk status, and Moody’s are likely to follow suit. Here is an explanation of what it all means. This article was first published in 2016. What do the agencies look at in the process of…
