Qilai Shen/Bloomberg/Getty Images
Waldo Swiegers / Bloomberg via Getty Images
“Moody’s views that China’s non-financial debt will rise rapidly ... are exaggerating difficulties facing the Chinese economy."
Frennie Shivambu/Gallo Images/Getty Images
The reappointment of Molefe as CEO of Eskom will do more than raise eyebrows.
Siphiwe Sibeko / Reuters
But behind the scenes, ministers are mocking the ratings agencies.
Mike Hutchings / Reuters
Ratings Agency Standard & Poor's has downgraded some of SA's banks, and the costs of this could be passed down to consumers.
While the impact of the ratings downgrade will not be felt now. But in the longer term, petrol and food prices will go up.