South Africa in the news:
- S&P Tosses South Africa Onto The Fiscal Scrapheap With New Junk Status: Ratings agency, Standard and Poor’s (S&P Global), has officially downgraded South Africa’s credit rating to junk status. The move comes in the wake of President Jacob Zuma’s recent cabinet reshuffle. S&P Global said that the move to junk status …: “South Africa” – BingNews
- South Africa’s credit rating downgraded to junk status by S&P: South Africa’s credit rating has been downgraded to junk status as the country remains in the grip of a damaging political crisis. Standard & Poor’s (S&P) announced after South Africa’s markets closed for business on Monday that it had cut its rating …: “South Africa” – BingNews
- South Africa’s opposition determined to oust Zuma: JOHANNESBURG: South Africa’s opposition parties on Monday vowed to press ahead with a no-confidence vote in President Jacob Zuma following a shock cabinet shake-up in which he fired his respected finance minister. The opposition call came as the ruling ANC …: “South Africa” – BingNews
- ‘We’re prepared to go the trenches against Guptas’: I want it to be full of people from South Africa who come here because this building [National Treasury] controls R1 trillion. That is people’s money, not the Guptas money,” said Heywood.: “South Africa” – BingNews
- S&P downgrades South Africa’s credit rating to junk: Cape Town – South Africa has been downgraded to junk status by Standard & Poor’s following last week’s Cabinet reshuffle which saw Finance Minister Pravin Gordhan axed. The rating agency said on Monday political uncertainty was one of the reasons for …: “South Africa” – BingNews