Subscribe & Follow

Advertise your job vacancies

Jobs

Vehicle Sales Executive Ermelo
Vehicle Sales Executive Ermelo
Business Development Consultant Johannesburg
Administrator Corporate Social Responsibility Johannesburg
Qualified Motor Technician Ermelo
Computer Lab Teaching Assistant Cape Town
Vehicle Technician East Rand
Administrator (Internal Sales Department) Vereeniging
Counsellor George
Senior Data Analyst (SQL - ODS) Cape Town

Moody's has 'negative' outlook for SA

14 Nov 2011

Business Live reports that ratings agency, Moody's has changed South Africa's government debt ratings outlook to 'negative' from 'stable' because of a perception of higher political risks and constrained public finances.

The negative rating applies to the country's A1 foreign currency debt ceiling and its A3 foreign currency deposit ceiling.

The ratings agency, according to Business Live, says the reasons for the cut including the pressures and rising internal strains within the ANC and between it and its tripartite alliances with the Congress of South Africa Trade Unions and the Communist Party.

For more: