Assume brace position: SARB warns “junk” status coming, how it will hurt us
There is a medium to high probability that South Africa’s debt will be downgraded to non-investment status, says the South African Reserve Bank (SARB).
There is a medium to high probability that South Africa’s debt will be downgraded to non-investment status, says the South African Reserve Bank (SARB).
Glencore’s aggressive approach to shrinking the industry’s biggest debt pile is fuelling optimism the trader and miner can retain its investment-grade credit rating amid the worst commodities rout in seven years.