Articles on Ratings agencies

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Moody’s, the only rating agency that keeps South Africa above junk, is scheduled to review its credit rating in November 2019. Shutterstock

South Africa is close to ‘junk status’ from all three rating agencies. What could follow?

How South African manages the fallout from its likely downgrade by Moody's in November will determine whether the country will be forced to turn to the IMF for a bailout.
Scott Morrison and Mathias Cormann speak to the media after the release of MYEFO in Canberra on Monday. Lukas Coch/AAP

AAA rating saved despite bigger deficits in budget update

The government has made a concerted bid to reinforce Australia's AAA credit credentials by ensuring the budget is still projected to return to surplus in 2020-21.

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