Moody’s credit opinion: Debt, SOEs are risks to SA rating

South Africa may struggle to hang on to its sole investment-grade credit rating if economic growth persists at weak levels and if government debt and risk from state-owned companies rises, Moody’s Investors Service said.

Ratings agency calls SA out over Eskom

South Africa’s debt-laden power utility raced to stabilise the grid this week by resorting to the most intense supply cuts in four years.

Eskom; from irritability to dire economic threat

Eskom, which intensified supply cuts that threaten businesses Monday, continues to represent a significant risk to the country’s finances, Moody’s Investors Service said.