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SA must get its house in order to avoid universal junk...
Moody’s decision to reduce the outlook for its credit rating of the SA government from 'stable' to 'negative' means the country must now get...
Junk status means SA will have to pay more to raise...
Junk status means South Africa is going to have to pay more to raise the money it needs for economic growth‚ key projects and...
What does junk status mean for your wallet?
What was downgraded?
South Africa’s foreign debt was downgraded by one of the three rating agencies Standard & Poor’s.
A downgrade to junk status means S&P...
Clamour for Zuma’s head grows after SA relegated to junk status
President Jacob Zuma should be recalled as leader of the African National Congress after South Africa’s downgrade to “junk status”‚ said the Organisation Undoing...
BREAKING: SA’s sovereign credit rating downgraded to junk status
S&P Global Ratings cut South Africa’s sovereign credit rating to junk status on Monday following an emergency meeting over the weekend.
The ratings agency decided...
Moody’s downgrades SA to junk
Moody’s Investors Service on Friday night downgraded SA to junk status.
The move was expected in the face of SA’s poor GDP growth performance and...
JSE closes weaker as rand surges following S&P’s junk downgrade
The JSE closed weaker on Monday as the stronger rand supported banking‚ retailer and property stocks following S&P Global Ratings’ downgrade announcement on Friday....
Fitch latest ratings agency to downgrade South Africa to junk
Ratings agency Fitch has followed rival S&P and downgraded South Africa's sovereign credit rating.
Fitch downgraded South Africa to 'BB+' from 'BBB-'.
Like S&P Global Ratings,...
Neighbourly Notes – 4 April 2021
THE first week in March, and 343 days into the national lockdown, we are now at alert level 1 and most restrictions have been...
IN QUOTES | Cyril Ramaphosa defends lockdown: ‘Economic contraction worse in...
President Cyril Ramaphosa has defended SA's response to the Covid-19 pandemic, saying while it led to economic contraction, countries who took fewer measures to...
Economic recovery will take time
International rating agencies had already downgraded South Africa to junk status even before the global pandemic. The three main commodities being gold, platinum and...
Neighbourly Notes – 9 April 2020
ALMOST 14 days since the lockdown began, we hope you are all keeping well and safe at home. Remember to obey the national lockdown...
Neighbourly Notes
ALMOST seven-days since the lockdown began, we really hope you are all keeping well and safe at home. Please remember to obey the national...
JUSTICE MALALA: Pandemic exposes painful truths – we are a country...
SA cannot continue to turn away from the reality of its ugly and inhuman face. We can try to run from it, but we...
Neighbourly Notes – 20 February 2020
THE recent and welcome rains we have been experiencing are forecast to provide a short respite on Saturday, so this will be the perfect...
Neighbourly Notes – 12 December 2019
A WARM welcome to all holidaymakers gracing our fair area. May you have a fabulous holiday and enjoy everything the Sunshine Coast has to...
Neighbourly Notes – 20 June 2019
THE week ahead begins today (Thursday) with the Lower Albany Historical Society meeting at Settlers Park where Marion Whitehead will give a talk on...
Neighbourly Notes – 28 March 2019
THE big local stories this week are the water situation and Eskom. As far as water is concerned, Talk of the Town’s news editor,...
Neighbourly Notes – 21 March 2019
HAPPY Human Rights Day! Thursday is a national holiday and, with all the load-shedding we are experiencing we probably all need to take a...
Neighbourly Notes – 22 November 2018
FOR all those interested in sports shooting, the Port Alfred Sport Shooting Club AGM will be held at Harry B’s tonight, at 5.15 for...
Rand firms against the dollar as the market watches Donald Trump
The rand was firmer against major global currencies on Thursday afternoon‚ bolstered by stronger prices for some commodities.
Global market focus is on trade-war issues‚...
Ramaphosa tells Moody’s that land reform will not negatively affect the...
PRESIDENT Cyril Ramaphosa on Wednesday held discussions with Moody’s on the various initiatives underway to accelerate the country’s economic growth and create jobs.
At the...
Ramaphosa tells Moody’s that land reform will not negatively affect the...
President Cyril Ramaphosa on Wednesday held discussions with Moody’s on the various initiatives underway to accelerate the country’s economic growth and create jobs.
At the...
Neighbourly Notes – 30 November 2017
AS the festive season approaches, there are more events to entertain locals and visitors alike. From Thursday through Saturday it’s the Grahamstown Christmas Market...
Corruption is the new oppression: Maimane
Corruption has become the new oppression in South Africa‚ says Democratic Alliance leader Mmusi Maimane‚ adding that this corrupt system is being kept alive...
Sachs’ resignation could push South Africa to the ‘fiscal cliff’
Former finance minister Pravin Gordhan has called the resignation of senior Treasury official Michael Sachs an "absolute tragedy".
Sachs‚ Deputy Director General in the budgeting...
EXCLUSIVE: Zuma’s free tertiary education shocker – thanks to 28-year-old future...
President Jacob Zuma is planning to make a shock announcement‚ introducing free education across the board through a controversial funding plan that flies in...
Neighbourly Notes – 17 August 2017
PORT Alfred High School holds its Founders Day celebrations this weekend, starting with an assembly and tea at the school at 11am, and followed...
Parra and municipality to work together facing challenges
PORT Alfred Residents and Ratepayers Association (Parra) held their annual general meeting last week at the Port Alfred Civic Centre, with several Ward 10...
Jacob Zuma survives, rand falls sharply
The motion of no confidence has failed
08 AUGUST 2017 - 18:43 BEKEZELA PHAKATHI
President Jacob Zuma has survived a motion of no confidence against him as...