South Africa's (SA) credit outlook has received a boost after Fitch Ratings upgraded the country's long-term foreign and local currency credit ratings from "BB-" to "BB."

SA's treasury says the upgrade signals improved investor confidence in SA's fiscal outlook and suggests that recent economic and policy developments are beginning to stabilise the country's credit profile. It also reflects a cautiously positive assessment of government efforts to strengthen public finances and support long-term growth prospects.


Our economics reporter innocent Semosa has more.

South Africa's (SA) credit outlook has received a boost after Fitch Ratings upgraded the country's long-term foreign and local currency credit ratings from "BB-" to "BB."
SA's treasury says the upgrade signals improved investor confidence in SA's fiscal outlook and suggests that recent economic and policy developments are beginning to stabilise the country's credit profile. It also reflects a cautiously positive assessment of government efforts to strengthen public finances and support long-term growth prospects.
 Our economics reporter innocent Semosa has more.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

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Africa in Business

Fitch upgrades SA’s credit rating to ‘BB’, citing improved fiscal outlook

Uganda's national carrier has signed a deal with US planemaker Boeing to acquire 10 new passenger and cargo aircraft.

 The signing of the aircraft acquisition agreement, which was witnessed by Uganda's President Yoweri Museveni, is aimed at boosting trade, tourism and investment.

 But can Uganda Airlines compete with the region's established carriers, and will this major investment help position the country as a leading aviation hub in East Africa?

 Joining us now to unpack this further is Aviation Expert Desmond Latham.

Uganda's national carrier has signed a deal with US planemaker Boeing to acquire 10 new passenger and cargo aircraft.
&nbsp;The signing of the aircraft acquisition agreement, which was witnessed by Uganda's President Yoweri Museveni, is aimed at boosting trade, tourism and investment.
&nbsp;But can Uganda Airlines compete with the region's established carriers, and will this major investment help position the country as a leading aviation hub in East Africa?
&nbsp;Joining us now to unpack this further is Aviation Expert Desmond Latham.

Uganda Airlines expands fleet in bid to challenge regional rivals

A vehicle tracking and security technology company based in South Africa, Cartrack, is under scrutiny following the passing of a 29-year-old employee at its office, located north of Johannesburg in Gauteng province.

The family of Gcina Dhladhla is demanding answers, alleging she was unwell at work and had requested to go home but was told to continue working before she collapsed. Additionally, they have stated that there were delays in notifying them and contacting emergency services after her death.

The company has refuted allegations that she was barred from leaving work, claiming that emergency services were contacted as soon as her condition deteriorated and that she received prompt medical attention on site. What obligation of care does South Africa's labor law impose on employers in the event of a medical emergency at work?  


Joining us now to unpack this is  Labour Lawyer and mediator at Deale Attorneys, Patrick Deale

A vehicle tracking and security technology company based in South Africa, Cartrack, is under scrutiny following the passing of a 29-year-old employee at its office, located north of Johannesburg in Gauteng province.
The family of Gcina Dhladhla is demanding answers, alleging she was unwell at work and had requested to go home but was told to continue working before she collapsed. Additionally, they have stated that there were delays in notifying them and contacting emergency services after her death.
The company has refuted allegations that she was barred from leaving work, claiming that emergency services were contacted as soon as her condition deteriorated and that she received prompt medical attention on site. What obligation of care does South Africa's labor law impose on employers in the event of a medical emergency at work? &nbsp;
 Joining us now to unpack this is &nbsp;Labour Lawyer and mediator at Deale Attorneys, Patrick Deale

Labour Law expert weigh in on employer obligations during medical emergencies

In this week's markets slot, we look at Franchising trends in South Africa and across the African continent.

We also unpack how Standard Bank is driving scalable impact within the Franchising sector in the South African and broader African regions following the Johannesburg Franchising Summit, hosted last month.

 For more on this, Head for the Franchising Sector for Business and Commercial Banking at Standard Bank South Africa, Andre Beck joins us on the line...

In this week's markets slot, we look at Franchising trends in South Africa and across the African continent.
We also unpack how Standard Bank is driving scalable impact within the Franchising sector in the South African and broader African regions following the Johannesburg Franchising Summit, hosted last month.
&nbsp;For more on this, Head for the Franchising Sector for Business and Commercial Banking at Standard Bank South Africa, Andre Beck joins us on the line...

Fitch upgrades SA’s credit rating to ‘BB’, citing improved fiscal outlook

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