FITCH

Headlines

S. Africa To Re-Think Nuclear Deal After Junk Status

South Africa's ruling party on Sunday said the government will have to re-think its costly and highly contentious...

Headlines

Mourn, Don’t Criticise At Memorials, Zuma Warns Colleagues

South Africa's President Jacob Zuma on Saturday hit out at critics within his own camp telling them not to use events...

Headlines

Fitch Cuts South Africa’s Credit Rating To ‘junk’

Ratings agency Fitch said Friday it had cut South Africa's credit rating to junk status, citing the recent political...

International

Rand Falls Further As Concern Mounts

Worries over the health of South Africa's economy continued on Monday, as comments by the new finance minister failed...

International

South Africa Rand Sinks Further Amid Concern About Credit Downgrade

Worries over the health of South Africa's economy continued on Monday, as comments by the new finance minister failed...

Headlines

Saudi Arabia Loses Fitch Rating Over Budget Concerns

Saudi Arabia on Wednesday lost its high-quality credit rating from the Fitch agency, which lowered the kingdom a notch...

Business

Fitch Backs Government’s Growth Target

Ghana's economy is expected to grow by 6.3 per cent in 2017, compared to 3.8 per cent growth rate realised in 2016,...

Business

Ghana’s Deficit Highlights Downside Fiscal Risks – Fitch

Credit Ratings Agency – Fitch – has said Ghana's disclosure of $1.6billion unreported expenditure and the resulting...

Headlines

China’s Huge Debt Poses Big Headache For Central Bank

Chinese banks lent more money in January alone than the annual GDP of South Africa, as borrowers rushed to take...

Business

Ghana’s Inflation To Decline

Inflation will continue to fall in Ghana in 2017, following several years of extraordinarily high price growth, Fitch...

Business

Oil To End Year At US$57

All things being equal, fuel prices will not travel beyond 15 percent increase in 2017, some industry analysts...

International

Fitch Downgrades Nigeria’s Long-Term Rating

Ratings agency Fitch has downgraded the outlook on Nigeria’s long-term debt to B+ following concerns on the west...

Top Stories

NPP’s Crisis ‘lies’ Won’t Work

The main opposition New Patriotic Party (NPP) is painting Ghana as a country in crisis so as to win the 7 December...

Top Stories

NPP’s Plans Will Ruin Ghana

The plans and policies outlined by the main opposition New Patriotic Party (NPP) in its 2016 manifesto will destroy...

Top Stories

Moody’s Rating Is ‘an Upgrade’

The recent affirmation of the Government of Ghana's issuer and senior unsecured rating at B3 and change in the...

Top Stories

Mahama Is Cocooned In the Trappings of Being In Power

President John Mahama is not feeling the suffering of most Ghanaians because he is cocooned in the trappings of being...

Top Stories

Stop Embarrassing Yourself; Moody’s Hasn’t Upgraded Ghana

The running mate for the New Patriotic Party, Dr Mahamudu Bawumia has said Moody's recent review of the economic...

Top Stories

Only Nana Addo Sees Economic Crisis

The lenses of Nana Akufo-Addo, flag bearer of the main opposition New Patriotic Party (NPP), see economic crisis where...

Business

Favourable Creditworthiness Due To Prudent Economic Management

Finance Minister Seth Terkper says the favorable assessment of Ghana's creditworthiness by some rating agencies shows...