Tag: ratings agency
Moody’s gives negative outlook for sub-Saharan economies in 2019
Moody’s has given a negative outlook for sovereigns in Sub-Saharan Africa in 2019. The ratings agency says its outlook is anchored on the persistent credit challenges on on-going fiscal and external vulnerabilities in these economies. Daniela Re Franschini, Assistant Vice President in Sovereign Group at Moody’s joins CNBC Africa to discuss the details.
South Africa’s ratings review to be released by Moody’s after Medium term budget
Moody’s did not publish the review on Friday as was widely expected.
Is Nigeria’s budget deficit a fiscal time bomb?
Is Nigeria’s budget deficit a fiscal time bomb?
Moody’s downgrades the five largest South African banks to Baa3; outlook negative
Moody's downgrades the five largest South African banks to Baa3; outlook negative.
S.Africa's Long-Term Local Currency Rating Lowered, outlook still negative
The negative outlook reflects the potentially adverse consequences of persistently low GDP growth for the public balance sheet.
South Africa's has given ratings agencies positive news
"We have made tremendous progress on the labour instability issues," Cyril Ramaphosa said.
South Africa making little progress in economic reform: S&P
"If things deteriorate further it becomes difficult to continue believing that government can implement the things they say they want to.
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