Fitch downgrades outlook on China to negative on growth risks
Ratings agency Fitch revised its outlook on China’s sovereign credit rating to negative on Tuesday
Fitch maintains SA’s credit rating at BB- with stable outlook
Credit rating agency Fitch maintains South Africa’s credit rating at sub-investment grade of BB-
No growth forecast for SA economy: Fitch
Fitch forecasts zero real GDP growth for South Africa this year, due to severe power shortages in
Fitch affirms SA’s sub-investment grade with a stable outlook
Global rating agency Fitch has affirmed South Africa’s sub-investment grade with a stable outlook
Fitch downgrades China Evergrande, flags ‘probable’ default
Fitch Ratings cut the ratings of China Evergrande Group and two of its subsidiaries on Wednesday,
Fitch warns SA government to expect backlash from public sector workers
Ratings agency Fitch has sent a strong warning to the government that it should expect a backlash
South Africa faces battle to rein in spending: Fitch
South Africa’s plans to rein in government spending will be hard to implement due to low economic
Nigeria’s rating at risk as debt, financing gap rise-Fitch
A sharp rise in Nigeria’s sovereign debt and a ballooning financing gap could trigger a rating
Rand remains weak against world currencies
The rand has continued to remain weak against a basket of currencies at opening trade on Monday
Rand to come under more pressure: Experts
Market analysts expect the rand and local stocks to come under more pressure when trading on the
Unions angered by threat to public servant wage increase
Government’s decision to cut the wage bill of public servants by more R160 billion over the next
NEHAWU says current wage agreements not open for review
Trade union National Education, Health and Allied Workers’ Union, one of the country’s largest
Traders and investors nervously await Moody’s decision
Traders and investors are nervously awaiting rating agency Moody’s decision Friday night on whether
Fitch downgrades Hong Kong after months of protests
Global credit rating agency Fitch Ratings downgraded Hong Kong’s long-term foreign currency issuer
Italian bond yields fall from 5-week highs on ratings relief
Italy’s 10-year bond yield fell from five-week highs on Monday as a decision by Fitch to leave the
Fitch cites widening budget deficit as reason behind SA’s revised outlook
Fitch has cited the widening budget deficit and increased expenditure as its reason for revising
Government faces tough decisions following latest credit rating: Treasury
National Treasury says government faces some tough decisions following South Africa’s latest credit
Treasury says it is aware of Eskom risk after Fitch cuts outlook
South Africa is aware of the “strain and risk” posed by failing state firms, particularly Eskom, and
Fitch not likely to downgrade SA’s rating anytime soon
Economists say rating agency Fitch is not likely to downgrade South Africa’s rating anytime soon.
S&P says concerned about SA’s fiscal consolidation, land reform
South Africa’s sovereign rating risked being downgraded due to concerns about the postponement of