Xenophobia repercussions affect Sasol in Mozambique
President Jacob Zuma on Thursday condemned the attacks on foreign nationals and urged communities to assist police in bringing perpetrators to justice. Zuma’s intervention in Parliament comes as xenophobic violence spreads from troubled communities in KwaZulu-Natal to residential areas in Gauteng. His call also comes as repercussions of the violence spilled across borders on Thursday‚ […]
Standard & Poor’s downgrades Eskom’s long-term credit rating to BB+
Standard & Poor’s (S&P) has downgraded Eskom’s long-term credit rating to BB+ following the suspension of four of its senior officials, it said on Thursday. This had led the ratings agency to have less confidence in the company’s corporate governance arrangements and its stand-alone credit profile, primary credit analyst Karim Nassif said. “The negative outlook […]
