Prøve GULL - Gratis
BoFA sees possible S&P upgrade for South Africa after mid-term budget despite fiscal pressures
The Star
|November 03, 2025
THE Bank of America (BofA) has flagged a potential credit rating upgrade for South Africa later this month, saying that S&P Global Ratings could lift the country's sovereign rating to 'BB' if the government delivers stronger economic growth and successfully reduces its debtto-GDP ratio.
In its latest note released on Friday, BofA said the upgrade could come after the tabling of the Medium-Term Budget Policy Statement (MTBPS), expected later this month, even as the country continues to face fiscal headwinds and structural constraints.
Denne historien er fra November 03, 2025-utgaven av The Star.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Star
The Star
Key areas Bulls must focus on
THE next two weekends will be a proper test of their grit and mentality as the Bulls strive to nail down a Top 8 spot in the United Rugby Championship (URC).
2 mins
March 19, 2026
The Star
War shock threatens South Africa's fragile recovery despite uptick in PayInc Index
SOUTH Africa's economy showed early signs of resilience in February, but escalating geopolitical tensions in the Middle East now threaten to derail that momentum, with surging oil prices and a weakening rand raising fears of a severe economic shock.
3 mins
March 19, 2026
The Star
Iran executes Israel’s alleged spy
IRANIAN authorities have executed a man convicted of spying for Israel, the judiciary said yesterday, in the first such execution announced since the war broke out.
3 mins
March 19, 2026
The Star
Investigation into Ormonde building collapse nears conclusion
THE Minister of Public Works and Infrastructure, Dean Macpherson, has announced that the investigation into the tragic collapse of the Ormonde building, which claimed the lives of nine individuals and left three others injured, is approaching its conclusion.
2 mins
March 19, 2026
The Star
Nigerian president meets King Charles on first UK state visit
NIGERIAN President Bola Tinubu was due to meet King Charles III yesterday in the country’s first state visit by Africas most populous nation to its former colonial power in nearly four decades.
1 mins
March 19, 2026
The Star
Fake doctor and assistant performing illegal abortions arrested in Kempton Park
TWO men have been arrested after one allegedly posed as a medical doctor while performing illegal abortions, issuing fraudulent prescriptions, and selling sick notes from an office in Kempton Park, Gauteng.
1 min
March 19, 2026
The Star
Cardoso warns Sundowns over Champions League ‘horror show’
MAMELODI
2 mins
March 19, 2026
The Star
Massive R230 million investment to transform Cape Town into a global superyacht destination
THE V&A Waterfront has announced a R230 million investment into a dedicated superyacht marina, set to transform the city's historic harbour into a premier global hub.
2 mins
March 19, 2026
The Star
Racing, rugby, soccer and equestrian heroes unite
THE 2026 Toyota Fortuner Challenge powered by Quartz Engine Oil brings together competitors from multiple sporting disciplines to test their skill, adaptability and resilience in a tough physical and mental two day challenge.
2 mins
March 19, 2026
The Star
SA set to scale back borrowing as Africa's debt climbs to $155bn, says S&P
SOUTH Africa is expected to reduce its borrowing in 2026 even as African sovereign debt issuance rises to an estimated $155 billion, highlighting the country’s relatively stronger fiscal position amid a challenging global environment.
3 mins
March 19, 2026
Listen
Translate
Change font size