Advertise with fastmoving.co.za
 
 

FITCH NEWS ON FASTMOVING

Subscribe to fitch

Fitch sceptical SA can return to fiscal health

Fitch sceptical SA can return to fiscal health

27/10/2017 - 10:42
Fitch, the first credit-ratings agency to issue an opinion on Wednesday’s medium-term budget statement, expressed strong scepticism on Thursday that SA could return to a path of fiscal consolidation, raising fear of a downgrade even before the ANC’s elective conference. read more
Pick n Pay’s turnaround is making progress, says Fitch

Pick n Pay’s turnaround is making progress, says Fitch

11/07/2016 - 09:28
THE second stage of grocery chain Pick n Pay’s long-term turnaround programme is progressing well, says ratings agency Fitch. read more
Fitch gives SA some breathing room

Fitch gives SA some breathing room

09/06/2016 - 12:21
Johannesburg - Ratings agency Fitch affirmed South Africa’s investment grade credit rating and maintained its stable outlook yesterday, but warned that political tensions could still derail efforts to boost growth. read more
All eyes on GDP and ratings agency Fitch

All eyes on GDP and ratings agency Fitch

08/06/2016 - 11:00
Cape Town - Economists expect a negative GDP reading for the first quarter of 2016, while ratings agency Fitch should follow Moody’s and Standard Poor's decision to not downgrade SA to junk status. read more
Depressed confidence heralds low growth

Depressed confidence heralds low growth

08/06/2016 - 10:49
Business confidence in the second quarter plunged to lows last seen during the global financial crisis, two surveys showed on Tuesday (7 May). read more
Obstacles loom for SA economy

Obstacles loom for SA economy

08/04/2016 - 09:31
Johannesburg - South Africa's economy has shown signs of picking up in the past two months, data showed on Thursday, but analysts say global economic weakness and domestic political tension could make the reprieve short-lived. read more
Reserve Bank sees rising risk of downgrade to junk

Reserve Bank sees rising risk of downgrade to junk

05/04/2016 - 10:49
The risks of SA’s credit rating being downgraded had increased, but how the rand would react to a downgrade was uncertain, Reserve Bank deputy governor Daniel Mminele said on Monday night. read more
Drought ‘could push SA into recession’

Drought ‘could push SA into recession’

17/02/2016 - 12:06
Johannesburg - South Africa’s worst drought in decades could tip its already weak economy into recession as rising agricultural imports fed into rising inflation, ratings firm Moody’s said. read more
Rand at worst-ever levels against the dollar

Rand at worst-ever levels against the dollar

09/12/2015 - 10:13
The South African rand continued to trade at its worst ever levels against the dollar on Tuesday (8 December), amid a stagnant local economy, and rising debt. read more
SA escapes credit rating downgrade

SA escapes credit rating downgrade

19/12/2014 - 09:09
Ratings agency Fitch on Friday affirmed SA’s long-term foreign and local currency ratings at BBB and BBB+ respectively, and kept the outlook negative. read more
Money markets 'AAA' rating unlikely - Fitch

Money markets 'AAA' rating unlikely - Fitch

07/10/2014 - 09:34
Johannesburg - Fitch Ratings on Monday said South African money market funds (MMFs) were highly unlikely to achieve an 'AAA' National Fund Credit Rating. read more
SA’s credit rating – where we stand

SA’s credit rating – where we stand

17/06/2014 - 11:54
Credit rating agencies Standard & Poor’s (S&P) and Fitch have both issued their latest ratings for South Africa – and the results are not positive. read more
Sony, Panasonic ratings cut to “junk”

Sony, Panasonic ratings cut to “junk”

26/11/2012 - 08:26
Ratings agency Fitch downgraded the debt ratings of Japan’s Sony Corp and Panasonic Corp to “junk” status citing weakness in their consumer electronics and TV operations, further diminishing the luster of the once-great Japanese brands. read more