Tag: S&P Global Ratings

What S&P is eyeing in SA’s #Budget2018

S&P Global warns that South Africa’s rating future lies in the hands of its policymakers

Investors undeterred by South Africa’s tumble to junk “buying the dips”

South Africa has plunged deeper into “junk” ratings territory and its fiscal situation is worsening but some investors are undeterred, choosing to buy its bonds cheap and pocket one of highest yield...

South Africa’s Zuma calls for action after S&P downgrade, rand up on Moody’s reprieve

South African President Jacob Zuma called for concrete measures to boost growth after S&P Global Ratings downgraded the local currency debt to sub-investment grade, while foreign currency debt was pushed deeper into...

Why S&P is tougher on SA than Moody’s and Fitch

Why S&P is tougher on SA than Moody's and Fitch

Why Goldman Sachs is buying into Ramaphosa’s New Deal

Why Goldman Sachs is buying into Ramaphosa’s New Deal

South Africa to outline “decisive” policy in 2018 after debt rating cut

South Africa will use its annual budget next year to outline “decisive” policy to strengthen its fiscal framework, the finance ministry said on Saturday after S&P Global Ratings cut its local currency...

SA is not alone, Africa has a plethora of countries that have junk status, here’s the list…

Botswana is the only country with a very strong investment grade.

S&P maintains Kenya’s rating at junk

Upcoming elections, drought, and decelerating credit growth pose short-term risks to Kenya's 2017 economic growth and budgetary performance, S&P warns.