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
How to create more time (and how to spend it wisely)

How to create more time (and how to spend it wisely)

Make no mistake; strategizing to grow your business takes time. Yet, few business owners seem to have enough of it.

Some investments are more attractive after Budget 2017 (some not so much)

Some investments are more attractive after Budget 2017 (some not so much)

Personal Financial Advisor Warren Ingram gives advice on where to put your money; considering changes brought by Budget 2017.

Cricket SA guns for international superstars to play in new #T20 Global League

Cricket SA guns for international superstars to play in new #T20 Global League

Best. News. EVER! South Africa is getting its own global T20 league. Bruce Whitfield interviews Cricket SA CEO Haroon Lorgat.

Meet Zibusiso Mkhwanazi; CEO of “Digital at the core marketing agency” AVATAR

Meet Zibusiso Mkhwanazi; CEO of “Digital at the core marketing agency” AVATAR

Mkhwanazi – son of an entrepreneur – founded a web design firm (Csonke.com) with R2000 when he was 17 and still in school.

5 most important ways Budget 2017 will tighten your belt for you

5 most important ways Budget 2017 will tighten your belt for you

The Money Show's Bruce Whitfield interviews Personal Finance Journalist Maya Fischer-French.

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
Some investments are more attractive after Budget 2017 (some not so much)

Some investments are more attractive after Budget 2017 (some not so much)

Personal Financial Advisor Warren Ingram gives advice on where to put your money; considering changes brought by Budget 2017.

Criminal charges laid against culprit of Stellies rooster assault

Criminal charges laid against culprit of Stellies rooster assault

Police are probing a complaint about a man who tossed a rooster around and forced it to smoke a cigarette at a Stellenbosch party.

New transfer cost threshold an unwise move - property expert

New transfer cost threshold an unwise move - property expert

What does the Finance Minister's announcement on transfer duty threshold really mean for home buyers?

Budget 2017 and tax: The good (there is some), the bad and the ugly

Budget 2017 and tax: The good (there is some), the bad and the ugly

The Money Show’s Bruce Whitfield interviews TaxTim cofounder Marc Sevitz.

Cape Town has the worst traffic and Joburg pips it to the post

Cape Town has the worst traffic and Joburg pips it to the post

TomTom Traffic Index 2017 findings have revealed that Cape Town is South Africa’s most congested city when it comes to traffic.

Legality of Brian Molefe’s Parliamentary nomination called into question

Legality of Brian Molefe’s Parliamentary nomination called into question

A lack of transparency raises suspicions as to whether Molefe's route to Parliament has been ushered in with integrity.