junk status

Mogoeng calls on SA to treat possible downgrade as junk status

Constitutional Court Chief Justice Mogoeng Mogoeng has called on the country to treat the possible ratings downgrade to junk status delicately. Giving the keynote address at the OR Tambo Memorial Lecture in Newtown, Johannesburg on Thursday night, Mogoeng cautioned that leaders must do everything to avoid the country being relegated[…]

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SA Junk rating, a matter of time

It appears to be just a matter of time before South Africa’s credit rating is cut to junk. S&P Global Ratings will lower the nation’s rating to non-investment grade by the end of this year, according to 12 of 13 economists and analysts surveyed by Bloomberg. Four see the downgrade[…]

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