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Ratings cut? South Africa’s local bonds already trade as junk

South Africa in the news:

  • Ratings cut? South Africa’s local bonds already trade as junk: LONDON, Nov 23 (Reuters) – South Africa’s deeper descent into junk-credit territory and ejection from major global debt indexes seem to be accepted as a done deal before they actually happen, bond yields and default insurance costs suggest. Africa’s …: “South Africa” – BingNews
  • Fitch reaffirms S. Africa’s junk status: CAPE TOWN, Nov. 23 (Xinhua) — International rating agency Fitch on Thursday decided to keep South Africa’s sovereign rating at junk status, with a stable outlook. South Africa’s Long-Term Foreign-Currency Issuer Default Rating (IDR) remains at “BB+” (non …: “South Africa” – BingNews
  • Purchasing Cox and Kings South Africa Tour: It’s better to learn the fundamentals such as ordinary phrases. Hopefully somebody can profit out of that specific story. If you really don’t possess a whole lot of time, the tour is excellent. Additionally, there certainly are a number of chances and …: “South Africa” – BingNews
  • Gigaba slashes SA’s spending costs by billions: CAPE TOWN – South Africa is set to enforce jarring spending cuts of R25 billion, said Finance Minister Malusi Gigaba on Wednesday. This implementation was revealed in Cape Town’s Parliamentary house. In addition to this wide-reaching slash of spending …: “South Africa” – BingNews
  • DStv to SABC: We don’t make money from your channels: The new SABC board yesterday sent a letter to industry regulator the Independent Communications Authority of South Africa (Icasa) asking for a change to Icasa’s 2008 “must carry” regulations that stipulate the channels be carried free on large pay-TV …: “South Africa” – BingNews

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Published on 23 November 2017 by Alan Category: NewsTag: Africa's, already, Bonds, Junk, Local, ratings, South, Trade

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