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

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Meet Maryana Iskander, on a mission to find employment for 1st-time job seekers

Meet Maryana Iskander, on a mission to find employment for 1st-time job seekers

Bruce Whitfield interviews Iskander to learn about her non-profit company that partners with South African employers.

5 reasons why online shopping is going hybrid (online and in the ‘real world’)

5 reasons why online shopping is going hybrid (online and in the ‘real world’)

The Money Show’s Bruce Whitfield interviews Yuppiechef cofounder Andrew Smith.

Google is almost 20 years old

Google is almost 20 years old

September is a special month for the search giant. Here are a few things you did not know.

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
Sasfin CEO opens up about dumping KPMG

Sasfin CEO opens up about dumping KPMG

The Money Show’s Bruce Whitfield interviews Sasfin CEO Roland Sassoon.

Sasfin Holdings cuts ties with KPMG after 18 years

Sasfin Holdings cuts ties with KPMG after 18 years

CEO of Sasfin Holdings Roland Sassoon confirmed that it has dropped KPMG as their auditing firm and put its audit up for tender.

The ANC is dying and Prince Mashele says South Africans have three other choices

The ANC is dying and Prince Mashele says South Africans have three other choices

Political analyst Prince Mashele says anyone who votes for the ANC is complicit in destroying South African society.

The psychology of spending money we don't have

The psychology of spending money we don't have

For over 20 years Prof Steven Burgess has researched the reasons why people live beyond their means.

SACP want NPA to reinstate corruption charges against Zuma

SACP want NPA to reinstate corruption charges against Zuma

Political analyst Karima Brown gives her take on the matter.

Signs your child could be suffering from anxiety

Signs your child could be suffering from anxiety

Counselling psychologist Nikole Seele says it is important to differentiate between healthy anxiety and debilitating anxiety.