Standard & Poor's Global Ratings has again downgraded SA's foreign and local currency ratings by one notch each to BB and BB+ respectively.

Growthpoint Properties Limited today reported distribution growth of 6.1% for its six-month interim period to 31 December 2016, delivering performance comfortably in line with market guidance.

The National Treasury has welcomed the decision by ratings agency Standard and Poor (S&P) not to downgrade South Africa. 

Monday, 09 May 2016 08:28

Moody's affirms SA ratings

Moody’s Investors Service (Moody’s) has affirmed South Africa’s government bond long and short term ratings of Baa2 and P-2 respectively, and has assigned a negative outlook.

US housing starts surged in September after falling for two months, but a drop in building permits suggested slower future growth, according to official data released on Tuesday.

Moody’s upgrades Growthpoint’s rating to Baa2/A1.za, outlook stable.

Credit rating agency Moody's Investors Service has downgraded South Africa's credit rating one notch from Baa1 to Baa2, while also revising the credit outlook from negative to stable, said National Treasury.

Aggressive business strategy of Shanghai Zendai Property 'has resulted in high execution challenges', says Moody's.

Removing adverse credit information from public records will negatively impact on the rating of residential mortgage-backed securitisation and asset-backed securitisation transactions.

The implementation of the real estate investment trust (Reit) structure in SA’s commercial property sector is likely to be “credit positive” for the industry‚ according to ratings agency Moody’s Investors Services.

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