For the better part of a decade, South Africa’s credit rating has been a national embarrassmenta three-notch-deep junk status that symbolised fiscal decay, political dysfunction, and...
President Cyril Ramaphosa has issued a sobering message to the nation: despite encouraging signs of economic recoveryincluding falling unemployment, shrinking poverty, and four consecutive quarters of...
For nearly two decades, the story of South Africa’s sovereign credit rating has been one of steady decline. A long slide that began in 2017 saw...
For the first time in nearly two years, a key number on the screens of forex traders and the minds of importers has flipped: R16.99/$. On Thursday,...
South Africa’s state-owned logistics giant, Transnet, is once again in the financial spotlight — and not for good reasons. Credit rating agency Moody’s has issued a...