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With two units at Koeberg nuclear power station likely to be out of commission at the same time, Eskom will struggle to keep the lights on, said Electricity Minister Kgosientsho Ramokgopa.

Editorial: Who is to blame for the Eskom crisis?

There’s not just one person to blame for decades of mismanagement of an electricity crisis that was made known some 25 years ago

With two units at Koeberg nuclear power station likely to be out of commission at the same time, Eskom will struggle to keep the lights on, said Electricity Minister Kgosientsho Ramokgopa.

Eskom: From fail to bail to auction block

A Greenpeace report outlines ways Eskom can adopt green technology and save itself financially

Finance Minister Tito Mboweni said he had hoped for a different outcome, but acknowledged the rating action by Moody’s with a heavy heart. (Reuters)

Moody’s stays mum on SA status

The ratings agency did not make a decision on South Africa’s rating leaving some analysts asking just when the axe will fall

Reserve Bank governor Lesetja Kganyago. (Bloomberg)

Kganyago: SA banks can hold out against a downgrade

Should Moody’s downgrade the country, South Africa will fall out of important global government bond indices

Most active fund managers underperform and the fees charged for passive funds are lower.

Fees can reduce retirement savings

Small differences in fund management fees can be an investment killer in the long term

Popo Francis was elected in 2013 and vowed to take a “zero tolerance” approach to clerical sex abuse. (Max Rossi/Reuters)

Ratings agencies are false prophets of doom

Their opaque methodology and the inconsistent results generated in recent years have rightly brought ratings agencies under sharper scrutiny.

Moving mountains for Moody’s

Whenever an international credit rating agency such as Moody’s or Standard & Poor’s comes to town, I like to tidy up a bit.

For the first time in 11 years

Russia’s falling stock market faces new sanctions

A day after a US ratings agency downgraded ?Russia to "junk" status, the country’s index fell by 3%. Russia could also face new sanctions.

Labour unrest in the mining sector has hit where it hurts. So what does South Africa’s first credit downgrade in nearly two decades mean?

Moody’s downgrades SA and Fitch could follow suit

Moody’s is the second ratings agency in 2014 to downgrade South Africa and Fitch, analysts warn, could very well do the same next month.

The higher producer prices come after consumer inflation also bucked consensus expectations, shooting through the upper limit of the Reserve Bank’s target in May. (Oupa Nkosi, M&G)

Growth risks mount even as SA dodges a recession

GDP data is expected to show SA rebounded from a contraction but there still remains little momentum to spur economic growth.

IMF likely to cut South Africa’s economic growth forecast

The International Monetary Fund is looking to cut its expectations of South Africa’s GDP growth this year, a senior official has hinted.

Fed tapering could threaten Africa’s growth, says World Bank

Growth forecasts for the Sub-Saharan region have been revised downward as it will likely feel the impact of reduced monetary stimulus in the US.

AngloGold demands Standard & Poor promote it from junk status

The company chief exec says its bond rating should be upped on a ccount of good behaviour but the agency says nothing has happened to change its mind.

According to Mariette Liefferink

AngloGold rating cut to junk with stable outlook at S&P

Another ratings agency has cut gold giant AngloGold Ashanti’s rating following a plummet in the precious metal’s price.

Labour unrest has been cited as one of the reasons for the downgrades.

SA’s Moody rating remains bleak amidst ongoing strikes

The outlook for South Africa’s credit rating remains negative, with concerns over the government’s ability to curb spending and mining strikes.

The economic week ahead: Giving credit

The question likely to occupy markets this week is how well did Europe’s leaders do in their latest attempts at dealing with their debt crisis.

Stocks in perfect storm of Irene

Markets panic as Obama fails to restore confidence

Efforts by world leaders to restore confidence have failed miserably as markets plunged to new lows on Tuesday, on fears of another global recession.

Obama says he inherited US economic problems

US President Barack Obama said on Monday he inherited many of the country’s problems with high debt and deficits when he entered the White House.

SA’s rating affirmed but negative outlook remains

South Africa’s sovereign rating was affirmed by ratings agency Standard & Poors on Wednesday.