Tag: credit rating
Moody’s did not publish the review on Friday as was widely expected.
What are the chances of a downgrade for South Africa’s credit rating? Here’s what Moody’s has to say…
Moody’s has previously said the slide into recession for the country would exacerbate fiscal and monetary challenges.
KCB Bank Rwanda affirms commitment to digital solutions
Barclays' plan to sell its African business and pull out of the continent are being hindered by South Africa's political upheaval and credit-rating downgrades, according to banking sources and fund managers.
In its second and last financial stability review for 2016, the Reserve Bank also said thin liquidity was a recurring problem for the rand currency, and it would closely monitor conditions in the currency market.
The probability of a credit rating downgrade for South Africa is about a third, Moody's said on Tuesday, but depends on economic growth.
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