Moody’s

Moody’s sounds alarm bell over NUMSA strike

Credit ratings agency Moody’s has sounded an alarm bell that the latest NUMSA strike could mean a continuation of South Africa’s poor economic growth. Moody’s said the strike by more than 200 000 engineering and steel workers would damage the...

Moody’s downgrade Eskom

On Friday Moody’s affirmed Eskom’s long-term foreign currency rating with a negative outlook as well as downgraded the company’s standalone credit quality by one notch. According to Moody’s the affirmation of Eskom’s Baa3 rating with a negative...