Concerns that the Fed will have to wrestle with elevated inflation for a long time slowed this week’s rally
In energy matters, the government appears enslaved by ‘first world’ norms and standards
The accused were arrested as part of a Hawks operation to nab alleged instigators who incited public violence during looting and destruction in 2021
Nedbank failed to comply with certain provisions the Financial Intelligence Centre Act
Mudiwa Gavaza is joined by Larry Masson, a financial adviser and franchise principal at Consult by Momentum.
Parent company London-listed Pearson Plc said the disposal was part of a strategic review.
US attorney-general Merrick Garland has asked a judge to unseal the search warrant for Trump’s home
Top swimmers have a rivalry that could develop into one of SA sport’s greatestt
Rushdie’s condition is not immediately known
SA will have to keep a careful eye on its balance of payments and fiscal deficits, and move closer towards political stability, if it wants to hold on to its investment grade credit rating in 2017.
This is because ratings agency S&P Global Ratings will have to resolve its negative outlook on the country’s credit rating within 12 months — by either changing it to stable or downgrading it. S&P held back from downgrading SA’s rating to sub-investment grade, or junk, status on Friday. It kept its rating on SA’s debt on negative outlook.
While the S&P decision meant SA has managed to keep its investment grade rating with all three major rating agencies, it also means the country is now on notice for a downgrade by all three.Fitch changed the outlook the week before to negative on its rating, which like S&P’s is just one notch above subinvestment grade. Moody’s declined to take any action on SA’s rating last month, keeping it on negative outlook but two notches above subinvestment grade.
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