Ratings agency Moody's has downgraded South Africa to sub-investment status while the country is on lockdown as a measure to contain the unprecedented Coronavirus strain. Economist Peter Attard  Montalto joins Tumisang Ndlovu on POWER Business to reflect on the economic implications of Moody's decision.

 

 

Ratings agency Moody's has downgraded South Africa to sub-investment status while the country is on lockdown as a measure to contain the unprecedented Coronavirus strain. Economist Peter Attard&nbsp; Montalto joins Tumisang Ndlovu on POWER Business to reflect on the economic implications of Moody's decision.
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POWER Business is on every week with Nosipho Radebe, offering a wrap-up of the day’s business news, analysis of market trends and advice on all money-related matters. POWER Business also has a human interest focus, unpacking the nature of the economy and empowerment more broadly.

POWER Business is on every week with Nosipho Radebe, offering a wrap-up of the day&rsquo;s business news, analysis of market trends and advice on all money-related matters. POWER Business also has a human interest focus, unpacking the nature of the economy and empowerment more broadly.

The POWER Business Show

POWER Business is on every weeknight, offering a wrap-up of the day’s business news, analysis of market trends and advice on all money-related matters. Tehillah Niselow interviews leading CEOs whose businesses are making headlines. POWER Business also has a human interest focus, unpacking the nature of the economy and empowerment more broadly.

POWER Business is on every weeknight, offering a wrap-up of the day&rsquo;s business news, analysis of market trends and advice on all money-related matters. Tehillah Niselow interviews leading CEOs whose businesses are making headlines. POWER Business also has a human interest focus, unpacking the nature of the economy and empowerment more broadly.

POWER Business

Ecoomist reacts to Moody's downgrade of SA

Every State of the Nation Address and Budget speech, South Africans are promised the professionalization of the public service. A national framework towards this was published in October 2022 and The Public Service Amendment Bill and the Public Administration Laws General Amendment Bill are currently before Parliament. Will these acts and documents create an effective, capacitated, accountable public service. Tehillah Niselow spoke to Sandile Swana Political Analyst, Ayanda Mafuleka CEO of FASSET, Finance and Accounting Services Sector Education and Training Authority and Dr Anusha Naidoo – Acting Deputy Director General: Human Resources Management & Development at the Department of Public Service and Administration.

Every State of the Nation Address and Budget speech, South Africans are promised the professionalization of the public service. A national framework towards this was published in October 2022 and The Public Service Amendment Bill and the Public Administration Laws General Amendment Bill are currently before Parliament. Will these acts and documents create an effective, capacitated, accountable public service. Tehillah Niselow spoke to Sandile Swana Political Analyst, Ayanda Mafuleka CEO of FASSET, Finance and Accounting Services Sector Education and Training Authority and Dr Anusha Naidoo &ndash; Acting Deputy Director General: Human Resources Management &amp; Development at the Department of Public Service and Administration.

Power Boardroom - What will it take to professionalise the public sector

The big economics story of the day, inflation slowed to 3% in February, from 3.5% the previous month However, a month ago, it looked quite clear the reserve bank would be cutting rates but now that is extremely unlikely given the higher oil prices and the weaker rand. Tehillah Niselow spoke to Patric Kelly Chief Director, responsible for Price Statistics.

The big economics story of the day, inflation slowed to 3% in February, from 3.5% the previous month However, a month ago, it looked quite clear the reserve bank would be cutting rates but now that is extremely unlikely given the higher oil prices and the weaker rand. Tehillah Niselow spoke to Patric Kelly Chief Director, responsible for Price Statistics.

South Africa inflation falls to 3% in February

The stigma surrounding business rescue prevents companies from seeking pre-emptive help. And in cases where business does initiate the process, this often leads to increased risk due to other companies’ reluctance to conduct business with them. Tehillah Niselow spoke to Gareth Cremen – Partner Business Rescue, Restructuring, Insolvency and Insurance at Cox Yeats.

The stigma surrounding business rescue prevents companies from seeking pre-emptive help. And in cases where business does initiate the process, this often leads to increased risk due to other companies&rsquo; reluctance to conduct business with them. Tehillah Niselow spoke to Gareth Cremen &ndash; Partner Business Rescue, Restructuring, Insolvency and Insurance at Cox Yeats.

Ecoomist reacts to Moody's downgrade of SA

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