S&P Global

24 Nov 2018

S&P keeps SA's credit ratings unchanged

By Janice Roberts

Last night S&P announced a decision to affirm South Africa’s long term foreign and local currency debt ratings at ‘BB’ and ‘BB+’ respectively, and maintain the stable outlook. According to S&P, the rating affirmation is underpinned by the following drivers: “Anemic economic growth in 2018 and high contingent liabilities continue toweigh on South Africa’s fiscal...

26 Mar 2018

Effects Of Trump Tariffs Remain Limited For Now, But Could Escalate If China Retaliates: Report

By Janice Roberts

NEW YORK (S&P Global Ratings) President Trump’s long-threatened package of trade sanctions on China has landedbut a trade war isn’t yet inevitable. In general, the threatened tariffs and investment restrictions on China won’t likely cause deep pain to the Chinese economy, nor will they have a material impact on corporate borrowers in either country. However, S&P...

17 Jan 2017

Weak Economic Conditions Weigh On SA's Housing Market

By Janice Roberts

A weak macroeconomic environment, still-high household indebtedness, and rising interest rates burden the South African housing market, said S&P Global Ratings in a report published today on RatingsDirect, entitled Weak Economic Conditions Are Weighing On South Africa’s Housing Market.

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