Rating agencies don’t treat the Global South fairly: changes South Africa should champion in G20 hot seat: Credit rating agencies like S&P Global and Fitch have an outsized influence on the economic fortunes of developing countries. Their assessments shape investor perceptions, influence borrowing costs, and ultimately shape a country’s development path. With many African countries …
Africa needs its own credit rating agency: here’s how it could work: Credit ratings are important for developing economies in Africa Wikimedia Commons The credit rating industry in Africa is dominated by the three international agencies: Moody’s, S&P and Fitch. Together they control an estimated 95% of the credit rating business globally. Credit rating agencies …
Green investing: the global system for rating companies’ ethical credentials is meaningless: As the war in Ukraine rages, finance professionals on Wall Street and in Europe recently attracted outrage by suggesting that investing in arms manufacturers should be treated as ethical investing. In the fight against tyranny, they argued that such an investment “preserves peace …
Moody’s has bought a leading African rating agency: why it’s bad news: EMMANUEL DUNAND/AFP/Getty Images Moody’s Investors Service, one of the three dominant global credit rating agencies, is acquiring a majority shareholding in Global Credit Rating (GCR), a leading credit rating agency in Africa. The move is based on Moody’s anticipation that there will be …
South Africa in the news: Cape Town maintains its Moody’s credit rating – Ian Neilson: City of Cape Town maintains its credit rating. The ratings agency Moody’s has maintained its rating of the City of Cape Town municipality because of the metro’s ‘strong fina …: “South Africa” – BingNews Despite scary slip, Nick Kyrgios completes …
South Africa in the news: Cape Town improves its municipal financial stability rating – Ian Neilson: Cape Town improves its score in Ratings Afrika’s Municipal Financial Stability Ratings. Ratings Afrika, which specialises in ratings and similar opinions gauging the soundness of …: “South Africa” – BingNews West Indies vs South Africa: WI recall Andre Russell, …
South Africa in the news: South Africa’s unchanged credit rating described as positive for the country: Head of the Wits Business School, Professor Jannie Rossouw, has described the decision by credit ratings agencies S and P Global and Fitch to leave South Africa’s sovereign credit rating unchanged as …: “South Africa” – BingNews Study: Africa …
South Africa in the news: S&P, Fitch affirms South Africa’s sovereign rating, outlook: Credit rating agencies S&P Global Ratings and Fitch affirmed South Africa’s sovereign rating and outlook on Friday, citing an upturn in near-term economic performance and improved public finances. The …: “South Africa” – BingNews Wales star George North swapping tries for tyres …
South Africa in the news: SA’s rating outlook likely to remain negative due to rising debt levels: South Africa’s rating outlook is likely to remain negative due to rising debt levels, high interest payments and the continuing challenges facing Eskom.: “South Africa” – BingNews Heineken’s potential takeover of Distell could bring cheer to SA and …
South Africa in the news: ICC Rankings: Malan attains highest-ever rating points in T20I history: England’s left-hand batsman Dawid Malan has attained the highest-ever rating points for batsmen in the ICC Men’s T20I Player Rankings after showing impressive performance in the recently concluded …: “South Africa” – BingNews Net 1 Appoints Two New Directors to …
South Africa in the news: Watch: New Suzuki on SA market gets ‘zero-star’ crash test safety rating: This new Suzuki model was shipped to South Africa at the start of 2020 – but it’s since received an infamous ‘zero star safety rating’ – here’s why.: “South Africa” – BingNews PCR Testing in Sitges – Sitges …
Samsung Achieves A level 1 BBB-EE Rating For Second Consecutive Year: JOHANNESBURG, South Africa – 27 May, 2020 – Samsung South Africa has taken another significant step forward to build on its transformational vision. It has been announced that the company has secured a Broad-Based Black Economic Empowerment (B-BBEE) Level 1 Contribution Status for the …
South Africa is close to ‘junk status’ from all three rating agencies. What could follow?: Moody's, the only rating agency that keeps South Africa above junk, is scheduled to review its credit rating in November 2019. Shutterstock The rating agency Fitch recently revised the outlook on South Africa’s long-term foreign-currency issuer default rating down from …
Why credit rating agencies are still getting away with bad behaviour: Rating agencies have been at the centre of major financial crises Shutterstock International credit rating agencies have had their fair share of controversies over the years. They have been at the centre of the major financial crises from the financial markets collapse of New …
South Africa in the news: South Africa escapes third junk rating, Moody’s upgrades outlook to stable: South Africa escaped a third junk rating as Moody’s Investors Service kept its assessment of the nation’s debt unchanged, citing more transparent and predictable policies under President Cyril Ramaphosa.: “South Africa” – BingNews Keagan Dolly hoping to use Mamelodi …
South Africa in the news: Gigaba: SA can regain investment grade rating: JOHANNESBURG – Finance Minister Malusi Gigaba says South Africa can regain its investment grade rating, without compromising on promises to transform the economy for the benefit of black people. He says Treasury needs to engage with other ministries to …: “South Africa” – …
South Africa in the news: S&P cuts South Africa’s credit rating to ‘junk’: JOHANNESBURG, South Africa (AFP) — Credit rating agency Standard and Poor’s downgraded South Africa’s rating to junk status on Monday, as the country’s currency continued to slide following a controversial cabinet shuffle. “The executive changes …: “South Africa” – BingNews South Africa’s …
South Africa in the news: IFP calls for Zuma to resign over SA’s credit rating downgrade: The decision by Standard and Poor (S&P) Global to downgrade South Africa to junk status is not surprising, but gravely concerning in the face of the country’s sluggish economic growth and high unemployment, Inkatha Freedom Party (IFP) said on …