Tito Mboweni now has political space from the president to pursue structural reforms
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South Africa’s national carrier to resume some International flights and repatriate foreigners during COVID-19 lockdown
The country intends to implement a liability management of its external debt portfolio
The airline has a fleet of Airbus A380s and Boeing 777s and has suspended passenger flights in line with UAE restrictions
There are no recurring payments and people that subscribe during the national wide lockdown period won’t be locked into anything
SA’s National Treasury sees the downgrade as an opportunity to fix the economy
SA government says Moody’s move “could not have come at a worse time”
The initiative is part of IDC’s wider attempt to support the South Africa’s efforts to prepare for the impact COVID-19
Move to help retailer strengthen traceability of its Matines eggs range
Moody’s downgraded South Africa’s sovereign credit rating to junk status, joining the other two major agencies
