Standard and Poors

IMF lowers South Africa's economic growth forecasts

Citing policy and political uncertainty, the International Monetary Fund (IMF) on Tuesday lowered its forecast for South Africa's economic growth in 2019, from 1.5 percent to 1.3 percent.

SA Listed Property Growth Has Taken a Dive

There was very little in the way of positive news for South Africa’s listed property investors as the sector is down 1% in the year-to-date due to a number of reasons.

South Africa's Credit Rating demoted to Junk Status

Ratings agency, Standard & Poor’s global on Monday announced South Africa's sovereign credit rating has been downgraded to junk status, following the removal of finance minister Pravin Gordhan.

Real Estate Industry major contributor to GDP

Statistics South Africa on Wednesday announced the country's gross domestic product (GDP) growth rate contracted by 1.2% in the first quarter of 2016, a much steeper contraction than had been expected.

Fitch maintains South Africa’s credit rating at investment grade

One of the influential financial rating agency Fitch, on Wednesday affirmed South Africa’s investment grade credit rating and maintained its outlook on stable, but warned that political and growth concerns posed a risk.

No downgrade for South Africa

Ratings agency Standard and Poor’s (S&P) has kept its assessment of the South Africa’s sovereign credit rating unchanged but with an outlook on negative.

Downgrade likely but Property Funds taking steps to weather it

While National Treasury and parts of organized business try to avoid a sovereign credit ratings downgrade, South Africa's listed property sector has very much priced it in.

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