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The unbeaten enemy returns

The unbeaten enemy returns

30 November 2016

Almost eight years after the worst financial crisis since the Great Depression, there has been a lot of conjecture as to when global economies will start to recover and gain traction.

Reserve Bank holds as South Africa clears first ratings hurdle

Reserve Bank holds as South Africa clears first ratings hurdle

29 November 2016

South Africa cleared the first two of three ratings hurdles, but with warnings that political infighting poses risks to the longer-term ratings outlook. Moody’s released a credit opinion noting that Government has a track record of good fiscal management, but reforms are needed to raise the longer-term economic growth rate. A downgrade would be likely in the absence of such reforms. Moody’s rates South Africa two notches above sub-investment (“junk”) status, with a negative outlook.

Moody’s decision to maintain sovereign rating improves South Africa’s prospects of keeping its investment grade

Moody’s decision to maintain sovereign rating improves South Africa’s prospects of keeping its investment grade

28 November 2016

The decision by Moody’s on Friday, 25 November 2016, to leave South Africa’s sovereign credit rating unchanged at two notches above junk status is another welcome reprieve, providing an extended window to rebuild confidence in the country and improve its economic prospects before the next ratings reviews next year.

SA Q3 business outlook is 51% more optimistic than Q1 2016, while global optimism continues to decline – Grant Thornton

SA Q3 business outlook is 51% more optimistic than Q1 2016, while global optimism continues to decline – Grant Thornton

28 November 2016

Grant Thornton’s International Business Report for the third quarter of 2016 reveals that South African business executives are 10% optimistic about the outlook for the country’s economy in the coming 12 months.

quick poll
Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer
Downgrade: can we buy ourselves enough time to turn the ship around?

Downgrade: can we buy ourselves enough time to turn the ship around?

24 November 2016
Moody’s outlook more significant than potential downgrade decision

Moody’s outlook more significant than potential downgrade decision

24 November 2016
October’s headline rate of inflation rises above expectations

October’s headline rate of inflation rises above expectations

24 November 2016
Inflation climbs in October as food prices increase further

Inflation climbs in October as food prices increase further

24 November 2016
Money just got tight

Money just got tight

23 November 2016
South Africa’s economic transactions contract further in October

South Africa’s economic transactions contract further in October

10 November 2016
Key labour themes for 2017

Key labour themes for 2017

03 November 2016
Governments everywhere facing balancing act in age related spending

Governments everywhere facing balancing act in age related spending

01 November 2016