South Africa’s finance minister means well, especially in his bid to cut public sector expenditure. But his success requires strong leadership and strategic alignment across the entire public sector.
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Articles on Credit ratings agencies
Displaying 21 - 36 of 36 articles
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.
The sudden expulsion of the finance minister makes it hard not to be pessimistic about the South African government’s ability to manage the difficult challenges it might face in 2016.
It’s an unnerving time for Africa’s banking industry. On August 19, the ratings agency Moody’s announced it had downgraded by a notch the risk rating of South Africa’s four biggest banks – FirstRand, Standard…
Qantas has flagged deteriorating trading conditions and a potential A$300 million half-year loss in a statement to the market that has sent its share price tumbling. The airline has stepped up its cost…
Collapsing business deals, massive financial losses, and a “junk” rating have made recent months a nightmare for the Co-op Bank. In March it announced losses of £634m for the 2012 financial year, largely…
Earlier this year, two credit agencies downgraded the UK economy credit rating, but new research out of Cardiff Business…
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…
Five billion dollars is a lot of money — and that is the amount which the US Justice Department claims were losses incurred by US banks and credit unions from investing in CDOs rated by Standard &…
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…
The decision by Standard and Poor’s to downgrade the debt of nine Eurozone countries last week, followed by the inevitable downgrade of the Eurozone rescue fund two days later, raises important questions…
The move by international ratings agency Moody’s to cut Italy’s credit rating for the first time in two decades will do little to ease concerns about the Eurozone’s debt crisis, despite global markets…
Washington lawmakers in the US House of Representatives have passed an agreement hammered out between Republican and Democrat leaders designed to avert a US debt default. The move is a further step towards…
Standard & Poor’s downgraded Greece’s sovereign debt rating by three notches on Monday, reflecting its view that it would be next to impossible to imagine a scenario where the country could restructure…
The behaviour of credit rating agencies is back in the spotlight, as Portugal struggles with its large debt burden. Credit rating agency Fitch has copped some criticism for cutting Portugal’s credit rating…
Top contributors
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Post Doctoral Researcher, Graduate School of Business (GSB), University of Cape Town
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Visiting Professor at the Business School, University of the Witwatersrand
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Associate professor, University of Cape Town
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Professor/Senior Research Fellow, Centre for Advancement of Scholarship, University of Pretoria
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Emeritus Professor of Finance, The University of Melbourne
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Senior Lecturer in Law, RMIT University
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Professor of Economics and National Senior Teaching Fellow, Griffith University
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Head of the Centre for Accounting and Finance, The Open University
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Associate Professor in Finance, University of Sydney
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Professor of Finance & Insurance, University of the Witwatersrand
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Professor of Finance, University of Liverpool
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Associate Professor in Public Law, University of Cape Town
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Professor of Public Affairs, Tshwane University of Technology
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Lecturer, Nelson Mandela University
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Visiting Researcher in International Political Economy, University of the Witwatersrand
