The populism politics adopted by South Africa’s ruling party, African National Congress, mask a strategy to deflect attention from the party’s policy failures and to hide its many scandals.
What has been lost in stating the case for South Africa’s credit rating is a tangible plan for strengthening governance and regulation of its state owned enterprises.
The best chance South Africa has of recovering from sub-investment grade credit rating status is to have leaders who are prepared to break rank with the small-mindedness of the ruling party.
The BRICS bloc of states have resolved to establish an alternative credit rating agency to counter western dominance in the financial markets. Will it work?
Credit ratings have an impact on government, as well as ordinary people. This article was first published last year as South Africa faced a possible downgrade.
Moody’s has reaffirmed Australia’s AAA credit rating, as Malcolm Turnbull seeks to put pressure on Labor and crossbenchers to pass measures to help repair the budget.
South Africa’s response to the country’s economic woes has amounted to little more than band-aid treatment. Government must do more to set the economy on a solid growth path.
The credit-ratings agencies are already circling to cut the UK’s grade if it votes to leave the EU. Here’s how their calculations work, and what we should do about it.
Credit rating agencies have come in for a lot of flack. But the bottom line is that to attract investors with deep pockets countries can’t avoid having a credit rating. And a good one at that.
In recent times, we have learnt more about the connections between the “reproductive” or gonadal hormones and the brain, and how they affect not only women but men as well.
Cathy Sandeen, University of Wisconsin Colleges and the University of Wisconsin-Extension
With one year to effect a turnaround, Sweet Briar College faces considerable challenges. But in this near-death are lessons for many other colleges and universities.
The 2014 midterm elections were full of surprises, mostly bad for the Democratic Party. Many Democratic candidates were defeated in races where the polls showed them with small but consistent leads. Chief…
One of the world’s largest ratings agency, Standard & Poor’s, is back in court appealing the Federal Court’s landmark decision that it was responsible for the losses incurred by 13 New South Wales…
Evaluating the creditworthiness of countries is far from an exact science, yet the influence of credit ratings agencies is extraordinary. Recently, the UK government’s debt rating has been downgraded by…
The UK’s former AAA credit rating is no more. Moody, a tyrant of the credit rating system, decided that a downgrade was in order from AAA to AA1 for the first time since 1978. The pound fell in a state…
For decades, credit ratings agencies were largely ignored by the masses, but in recent months they have continued to hit the headlines again and again. The big three (Standard & Poor’s, Moody’s and…