Moody’s assures SA it won’t downgrade (if economic growth holds up)

Moody’s assured South Africa on Tuesday that the probability of it downgrading the country’s credit rating is about 33%.

However, it warns that a downgrade is very likely should growth fall below the estimated 0.2% for the year.

The Money Show’s Bruce Whitfield interviewed Investec Asset Management Economist Nazmeera Moola and Macquarie Senior Economist Elna Moolman.

Scroll down for quotes from the audio below.

They’re looking at us relative to other emerging markets.

Nazmeera Moola, Investec Asset Management

Growth is the single biggest worry for ratings agencies.

Nazmeera Moola, Investec Asset Management

They have given us credit for easing our electricity constraints.

Elna Moolman, Macquarie

I think the Reserve Bank won’t do anything [at its next Monetary Policy Committee meeting].

Elna Moolman, Macquarie

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

Read More
Buy Bitcoin, get rich? Here’s whether you’re missing out on a goldmine…

Buy Bitcoin, get rich? Here’s whether you’re missing out on a goldmine…

The Money Show Bruce Whitfield interviews famed tech commentator Simon Dingle.

Small business lessons from New York and London

Small business lessons from New York and London

Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis about his whirlwind fact-finding mission abroad.

Want to retire rich? Mind your mind (not only your money)

Want to retire rich? Mind your mind (not only your money)

The Money Show’s Bruce Whitfield interviews Financial Life Planning Institute Certified Financial Planner Kim Potgieter.

Spur CEO opens up about his letter to majority-Afrikaner union Solidarity

Spur CEO opens up about his letter to majority-Afrikaner union Solidarity

The Money Show’s Bruce Whitfield interviews Spur CEO Pierre van Tonder.

Lebohang Khitsane makes cutting edge tombstones (fancy a QR code on yours?)

Lebohang Khitsane makes cutting edge tombstones (fancy a QR code on yours?)

The Money Show’s Bruce Whitfield interviews the CEO of Bataung Memorial Tombstones.

Expect a downgrade for South Africa? Here’s how to invest…

Expect a downgrade for South Africa? Here’s how to invest…

The Money Show’s Bruce Whitfield interviews Financial Advisor Warren Ingram about how to profit, if you expect the worst.

Popular articles
Buy Bitcoin, get rich? Here’s whether you’re missing out on a goldmine…

Buy Bitcoin, get rich? Here’s whether you’re missing out on a goldmine…

The Money Show Bruce Whitfield interviews famed tech commentator Simon Dingle.

Spur CEO opens up about his letter to majority-Afrikaner union Solidarity

Spur CEO opens up about his letter to majority-Afrikaner union Solidarity

The Money Show’s Bruce Whitfield interviews Spur CEO Pierre van Tonder.

Martin van Breda caught off guard by his attacker, suggests pathologist

Martin van Breda caught off guard by his attacker, suggests pathologist

A pathologist says Henri van Breda's father had no defensive injuries and the blow that killed him most likely came from behind.

Traffic officials take action against unruly taxis

Traffic officials take action against unruly taxis

CapeTalk's Kieno Kammies speaks to director Roberts about the three day operation focusing on taxis disrupting traffic flow.

Cape Town's water crisis gets global attention

Cape Town's water crisis gets global attention

CNN meteorologist Derek van Dam recently covered the severity of the water shortage in the Western Cape.

5 most important years in anyone’s life (when it comes to investing)

5 most important years in anyone’s life (when it comes to investing)

How old are you? Financial advisor Warren Ingram discusses the five most important ages in anyone’s investment career.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.