Tag: ratings

CBN’s loan to deposit ratio requirement credit negative for Nigerian banks – Fitch

Fitch Ratings says the requirement for Nigerian banks to have a loan-to-deposit ratio of at least 60 per cent at the end of September is credit-negative for Nigeria's banking sector. Muyiwa Oni, Regional Head; Equity Research at Standard Bank Group joins CNBC Africa for more.

S&P downgrades SA’s local debt to junk, Moody’s places it on review for downgrade

Standard & Poor’s has downgraded South Africa's local currency debt to junk and lowered its rating on debt denominated in foreign currency to BB from BB+ while changing its outlook on both...

Has the resignation of Zimbabwe’s President Mugabe put SA’s downgrade on hold?

Dr Conrad Beyers, Barclays Africa Chair in Actuarial Science at the University of Pretoria explains why he believes this to be the case.

S&P affirms Nigeria’s rating at B/B; outlook stable

S&P affirms Nigeria’s rating at B/B; outlook stable

For South Africans, economic pain hit long before recession

Chronic unemployment and lofty inflation have shattered consumer confidence.

South Africa’s rand steadies, focus on Moody’s rating decision

South Africa's rand steadied against the dollar early on Friday.

Fitch Affirms South Africa at junk; Outlook Stable

Fitch Ratings-Hong Kong-01 June 2017: Fitch Ratings has affirmed South Africa's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'BB+' with a Stable Outlook. The issue ratings on South Africa's senior...

Fitch “very concerned” situation in South Africa not improving: union

Fitch is very concerned that South Africa's economic and political situation is not improving, the country's second largest federation of trade unions said on Tuesday after it held talks with the ratings agency.