South Africa is not immune to global changes

DONALD Trump is the new president of the United States of America – the 45th one. Who would have thought? Well, apparently the Americans did and voted accordingly for the Republican candidate, resulting in a surprise defeat for the Democrats’ Hillary Clinton. It is difficult to imagine America evolving from the figure of Barack Obama, […]

SA breathes again as junk status rating sidestepped

South Africa can breathe a sigh of relief after receiving a reprieve from credit rating agency Standard & Poor’s Global Ratings late yesterday. The agency held the country’s foreign currency sovereign credit rating at BBB-, the lowest investment-grade rating, and kept its outlook negative. It was the last of the big three agencies to make […]