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


Recommended

by THE NEWSROOM

702 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 702 community a safe and welcoming space for all.

702 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.

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

Read More
Economic researcher slams anti-poor VAT hike

Economic researcher slams anti-poor VAT hike

The Money Show’s Bruce Whitfield interviews Wits economic researcher Gilad Isaacs.

How to capitalise on an environment that has suddenly turned for the better

How to capitalise on an environment that has suddenly turned for the better

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis.

How to plan financially, considering you’re poorer after Gigaba's hectic Budget

How to plan financially, considering you’re poorer after Gigaba's hectic Budget

The Money Show’s Bruce Whitfield interviews Galileo Capital Financial Advisor Warren Ingram.

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
Discovery CEO (and founder) Adrian Gore bares his soul about money

Discovery CEO (and founder) Adrian Gore bares his soul about money

The Money Show’s Bruce Whitfield interviews Gore about his attitude to money (hopes and fears, successes and failures, etc.).

"Duduzane Zuma is the Gupta family's greatest asset"

"Duduzane Zuma is the Gupta family's greatest asset"

Sunday Times journo Thanduxolo Jika who broke the front page story about the Gupta family emails vouches for their authenticity.

So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

'My daughter bought Spur shares when she was 10 years old' - Dr Adrian Saville

'My daughter bought Spur shares when she was 10 years old' - Dr Adrian Saville

What does Citadel’s famed disciple of contrarian, deep-value investing Dr Adrian Saville hope for (and fear) about money?

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...