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South Africa: Fitch Downgrades SA to Junk Status
Daily Maverick, 7 April 2017
As thousands of South Africans protest around the country calling for President Jacob Zuma to step down or be recalled, the country's economic prospects have been downgraded to… Read more »
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South Africa: We Are Not a 'Junk' Country - Opposition Leader
News24Wire, 7 April 2017
President Jacob Zuma and the ANC have led the country into a crisis, but there is still hope that the people of South Africa can rescue it from the brink, DA leader Mmusi Maimane… Read more »
South Africa Receives Second 'Junk' Status Credit Rating
Credit rating agency Fitch has joined Standard & Poor's in placing South Africa's credit rating at sub-investment grade. This after protesters across the country demonstrated against President Jacob Zuma over his decision to fire Pravin Gordhan as finance minister during a controversial Cabinet reshuffle.
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7 April 2017
Fitch Downgrades South Africa to Junk Status
- Publisher:
- SABC
- Publication Date:
Fitch Rating agency has downgraded the country's long-term foreign and local debt. The latest move by Fitch takes both South Africa's foreign and ... see more »
InFocus
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ANC members of parliament cannot face disciplinary charges for voting in favour of the motion of no confidence against President Jacob Zuma, says former president Kgalema ... Read more »
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The credit ratings agency Standard & Poor's has downgraded South Africa's foreign currency sovereign credit ratings to below investment status. Read more »
