5 things ratings agency Moody’s will look at on its visit to South Africa

Officials from Moody's arrived in South Africa today to investigate whether to downgrade the country’s credit rating.

The Money Show’s Bruce Whitfield interviewed Stanlib Asset Management Chief Economist Kevin Lings.

Lings spoke about five things the ratings agency will scrutinize during its visit.

Scroll down for quotes from the audio below.

The growth rate is a worry for all the ratings agencies, as is the deterioration of our institutional capacity.

Kevin Lings

Most ratings agencies will rate our monetary policy very highly.

Kevin Lings

It’s a broad range of factors that they consider. Some of these areas we do quite well on.

Kevin Lings

Ratings agencies have become more cautious following the global financial crisis.

Kevin Lings

There are 25 to 30 countries in a similar situation as South Africa where they’re facing a downgrade.

Kevin Lings

The revelations of the appointment of government ministers alone is likely to see Moody’s downgrading us.

Kevin Lings

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : 5 things ratings agency Moody’s will look at on its visit to South Africa


Recommended

by NEWSROOM AI
Read More
Working abroad? New rules are coming! You're probably breaking the existing ones

Working abroad? New rules are coming! You're probably breaking the existing ones

Bruce Whitfield interviews Warren Ingram, a Personal Financial Advisor and Executive Director at Galileo Capital.

Dr Adriana Marais was on her way to the Red Planet. Then Mars One collapsed

Dr Adriana Marais was on her way to the Red Planet. Then Mars One collapsed

The Money Show’s Bruce Whitfield interviews Marais, a quantum biology researcher with dreams to live on Mars.

'Get ready for tax levy to save Eskom, because the money is simply not there'

'Get ready for tax levy to save Eskom, because the money is simply not there'

Eskom has so much debt it threatens to break South Africa. Bruce Whitfield interviews Dr Adrian Saville of Cannon Asset Managers.

Goldman Sachs MD on how Pravin Gordhan’s fight against a downgrade is going

Goldman Sachs MD on how Pravin Gordhan’s fight against a downgrade is going

Goldman Sachs MD Colin Coleman was in London with Finance Minister Pravin Gordhan. He gives feedback...

Africa’s largest mall… ratings downgrade… émigrés returning… rand improves...

Africa’s largest mall… ratings downgrade… émigrés returning… rand improves...

7 most read, most talked about "The Money Show" articles of the past week.

How Pravin Gordhan’s fight to stave off a ratings downgrade is going

How Pravin Gordhan’s fight to stave off a ratings downgrade is going

London-based Peter Attard Montalto, Emerging Markets Economist at Nomura, discusses how Pravin Gordhan’s delegation is doing.

Popular articles
[LISTEN] Why is contemporary art booming in Cape Town?

[LISTEN] Why is contemporary art booming in Cape Town?

'Cape Town art eco-system is vibrant' says Mary Corrigall - Founder of Corrigall & Co

DStv subscription price hikes for 2019

DStv subscription price hikes for 2019

MultiChoice will increase the prices of certain DStv packages from 1 April.

'Bring back skilled engineers to Eskom' - Solidarity

'Bring back skilled engineers to Eskom' - Solidarity

Trade Union Solidarity says it supports Pravin Gordhan's idea that technicians who used to work for Eskom should be brought back.

[LISTEN] Discovery Health defends decision to shift certain ops to day hospitals

[LISTEN] Discovery Health defends decision to shift certain ops to day hospitals

Kieno Kammies speaks to Dr Ryan Noach Deputy Chief Executive at Discovery Health and Dr K who says his patients are suffering.

Here's how to check your load shedding schedule in Cape Town

Here's how to check your load shedding schedule in Cape Town

Eskom has warned that more power cuts can be expected as maintenance continues over the next twelve months.

How to make sure your aluminium windows are burglar-proof

How to make sure your aluminium windows are burglar-proof

Houses with aluminium window frames are urged to tighten up security as a new home invasion trend grows in the northern suburbs.

Criminals targeting homes with aluminium windows, warns neighborhood watch

Criminals targeting homes with aluminium windows, warns neighborhood watch

The Panorama, Welgelegen and Plattekloof Neighbourhood Watch has identified a new house break-in trend.