Announcements

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      Instrument data
      Senority
      Senior Unsecured
      Currency
      USD
      Coupon percent
      7.3%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      1,600,000,000
      Maturity date
      20/04/2052
      -
      BB Outlook: Stable
      BB Outlook: Stable
      Latest change
      Affirmed
      13/09/2024
      General information
      Rating
      Public
      Unsolicited
      With no issuer participation
      UK endorsed
      EU Rated
      Dennis Shen Lead analyst
      Dr. Giacomo Barisone Committee chair
      Scope affirms South Africa’s BB long-term ratings and maintains Stable Outlook

      13/9/2024 Rating announcement EN

      Scope affirms South Africa’s BB long-term ratings and maintains Stable Outlook

      A large and well-diversified economy, strong public-debt structure, robust monetary policy framework and a resilient banking system anchor the rating. Structurally-rising government debt and moderate economic growth are credit weaknesses.

      Scope downgrades South Africa's credit ratings to BB, revises Outlooks to Stable

      6/10/2023 Rating announcement EN

      Scope downgrades South Africa's credit ratings to BB, revises Outlooks to Stable

      Rising debt and weakening in economic growth drive rating downgrade. Large and well-diversified economy, a favourable debt profile, a credible monetary policy framework and resilient banking system alongside deep capital markets remain credit strengths.

      Scope revises Outlook for South Africa's BB+ credit ratings to Negative

      21/4/2023 Rating announcement EN

      Scope revises Outlook for South Africa's BB+ credit ratings to Negative

      Rising debt and weakening in economic growth drive Outlook change. Large and well-diversified economy, a favourable debt profile, a credible monetary policy framework and a resilient banking system alongside deep capital markets support ratings.

      Scope publishes South Africa first-time sovereign rating of BB+ with Stable Outlook

      28/10/2022 Rating announcement EN

      Scope publishes South Africa first-time sovereign rating of BB+ with Stable Outlook

      Large and well-diversified economy, favourable debt profile and market access, credible monetary policy framework and resilient banking system support ratings. Moderate economic growth potential, rising debt and socio-economic risk reflect challenges.

      Date Title