Government notes Moody’s credit rating
Government says it has noted Moody’s decision to downgrade South Africa’ long-term foreign and local currency debt ratings to ‘Baa3’ from ‘Baa2’.
The rating agency...
Economic indicators for 13 June 2017 (07:00)
Below are the economic indicators for 13 June 2017 as at 07:00
(Values in parentheses indicates previous closing values.)
Rand / US Dollar R12.82 (R12.87)
Rand /...
Economic indicators for 12 June 2017 (07:00)
Below are the economic indicators for 12 June 2017 as at 07:00
(Values in parentheses indicates previous closing values.)
Rand / US Dollar R12.87 (R12.89)
Rand /...
Economic indicators for 09 June 2017 (07:00)
Below are the economic indicators for 09 June 2017 as at 07:00
(Values in parentheses indicates previous closing values.)
Rand / US Dollar R12.89 (R12.82)
Rand /...
Economic indicators for 08 June 2017 (07:00)
Below are the economic indicators for 08 June 2017 as at 07:00
(Values in parentheses indicates previous closing values.)
Rand / US dollar R12.82 (R12.85)
Rand /...
Economic indicators for 07 June 2017 (07:00)
Below are the economic indicators for 07 June 2017 as at 07:00
(Values in parentheses indicates previous closing values.)
Rand / US Dollar R12.85 (R12.70)
Rand /...
SA’s GDP contracts to -0.7 percent
The country’s Gross Domestic Product (GDP) has contracted to -0.7% in the first quarter of 2017, Statistics South Africa announced on Tuesday.
South Africa Today...
Economy remains in junk status
Although two credit rating agencies have decided to leave South Africa's credit rating unchanged, it still means that the economy is in junk status...
Economic indicators for 06 June 2017 (07:00)
Below are the economic indicators for 06 June 2017 as at 07:00
(Values in parentheses indicates previous closing values.)
Rand / US Dollar R12.70 (R12.84)
Rand /...
Economic indicators for 05 June 2017 (07:00)
Below are the economic indicators for 05 June 2017 as at 07:00
(Values in parentheses indicates previous closing values.)
Rand / US Dollar R12.84 (R13.11)
Rand /...
Government supports audit firm rotation rule
Government supports the Independent Regulatory Board for Auditor’s (IRBA) decision to implement Mandatory Audit Firm Rotation, but remains concerned about transformation in the sector,...
Fitch affirms SA’s long-term foreign, local debt ratings
Rating agency Fitch has affirmed South Africa’s long-term foreign and local currency debt ratings of ‘BB+’ with a stable outlook, an outcome that demonstrates...
