moody slatest news & developments
Set for presentation: Finance Minister Enoch Godongwana arriving at Parliament to deliver the budget. He is
flanked by South African Reserve Bank governor Lesetja Kganyago, left, and South African Revenue Service
commissioner Edward Kieswetter. Photo: GCIS

Budget: debt peaks but growth lags

The projected economic growth trajectory remains insufficient to address structural unemployment

Finance Minister Enoch Godongwana. Photo: Supplied by the  Government Communication and Information System (GCIS)

Economists split on whether 2026 budget marks a real turning point

The growth outlook is insufficient to alter unemployment dynamics, some argued

Aerial view: A city view of Port Louis with harbour, old town and financial district. Photo: Arne Müseler / www.arne-mueseler.com

African ratings agency a feasible option?

But international investors are unlikely to accept ratings they perceive as lenient

Ameen Hassen, Head of Shariah Banking at Standard Bank

Islamic and conventional finance: moving past the perceived differences will unlock growth on the continent

Shari’ah financing can help Africa achieve important development goals

Decisions: The coalitions the ANC choose to form seem likely to shape which way the South African economy will go. (Waldo Swiegers/Bloomberg via Getty Images)

ANC weighs up doomsday scenarios as economy falters

As coalition discussions intensify, the party could end up making significant policy concessions to navigate South Africa’s uncertain future This content is restricted to registered users and subscribers. Get Your Free Account The Mail & Guardian is committed to providing all our readers with the best possible experience. Please register your free account now. Your registration is your first step to becoming an M&G community member. Register Registration enables: – M&G newsletters access – notifications – the best possible experience Already registered? Login here Want to subscribe and get even more benefits? Explore our subscription offers

The Big Three ratings agencies, Moody’s, S&P Global and Fitch (above), have extensive influence over how creditors assess Africa’s risk profile. (photo by Mike Kemp/In Pictures via Getty Images)

Development Bank backs African credit ratings agency

The Big Three ratings agencies, Moody’s, S&P Global and Fitch, have extensive influence over how creditors assess Africa’s risk profile

ANC president Cyril Ramaphosa at the party’s manifesto rally at Moses Mabhida Stadium. Photo: Supplied

Elections: ANC, DA and EFF go toe-to-toe on the economy

With the country’s economy on the brink, the ‘Big Three’s’ employment and growth promises hold more weight than ever