S&P Global Ratings expects the ANC to continue with policy reforms after the May 8 election, and that’s why it has a stable outlook on the nation’s credit rating.
S&P cut South Africa’s debt assessment to sub-investment grade in April 2017 after former President Jacob Zuma changed the cabinet and appointed a new finance minister and deputy minister. After Cyril Ramaphosa replaced Zuma as leader of the ANC and the country, he has taken steps to root out mismanagement at state firms such as power utility Eskom Holdings SOC Ltd. and pledged policy reforms to boost economic growth and lure investment.
S&P rates South Africa’s foreign-currency debt at BB, two levels below investment grade, and its rand-denominated obligations one step higher. The central bank’s role in anchoring inflation, the flexible exchange rate and the role of an independent judiciary help to support the current rating, Rusike said.
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Business Maverick Analysis: Why poor housing prices are a blessing in disguiseIt’s a terrible irony. South African house prices, adjusted for inflation, are as flat as an ironing board and have been for around a decade. And that just may save us all the heartache at least some of the developed world faces as their residential markets come under pressure.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
Business Maverick: Stocks Post Longest Rally of Year; Dollar Gains: Markets WrapU.S. stocks rose for a sixth consecutive day and the dollar strengthened as investors remained bullish about U.S.-China trade negotiations and key jobs data tomorrow in Washington. info well noted daily maverick
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
Business Maverick: Rico: Cartoon Friday
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
Business Maverick: Friday, April 5: Five Things You Need to Know to Start Your DayTrade deal gets closer, some small progress on Brexit, and more bad news for German manufacturing. Here are some of the things people in markets are talking about today.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
Business Maverick: Ghosn’s Prospects Darken as Prosecutors Throw Him Back in JailCarlos Ghosn’s prospects for a legal comeback dimmed after Japanese prosecutors arrested him on fresh allegations that the former chairman of Nissan Motor Co. used millions of dollars from the company for his own purposes.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
Business Maverick: China Hails `New Consensus’ on Trade, Though Deal Not Ready YetChina and the U.S. claimed progress in talks to end their trade war, with President Xi Jinping pushing for a rapid conclusion and President Donald Trump talking up prospects for a “monumental” agreement that may still be some weeks away.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
BUSINESS MAVERICK ANALYSIS: The four Brexit scenarios for South African exportsMany South Africans consider Brexit to be exclusively a European issue. In fact, the consequences for SA, and other large trading partners of the UK, could be huge. Nice
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
BUSINESS MAVERICK: Financial prey for the populistsAs the global wave of cross-border banking recedes, foreign banks are becoming easy targets for populist expropriation. Yet they perform an important function in helping capital ‘flow downhill’. Scandals and populist attacks do not stop them from playing that role, argues Erik Berglöf.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
Business Maverick Op-Ed: Chicken debate: See Brazil as ‘a partner, not an enemy’The chicken debate is becoming intense and the SA Poultry Association has lobbied the International Trade Commission of South Africa to increase import tariffs on chicken from Brazil.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
Business Maverick: Aspen Is Said to Get Approvals for Baby-Milk Deal in WeeksAspen Pharmacare is expected to receive final approvals to complete the sale of its milk-formula business within weeks, according to people familiar with the matter, after delays to the deal wiped out more than 30 percent of the South African drugmaker’s market value.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »