Tue May 12, 2015/Reuters South Africa’s credit rating could be downgraded if the government’s commitment to fiscal consolidation and stabilising its debt falters, ratings agency Moody’s said in a credit opinion. Rising consumer inflation and a probable increase in U.S. policy rates could lead the South African Reserve Bank to […]

May 12, 2015/IMF The Bank for International Settlements (BIS), the European Central Bank (ECB) and the International Monetary Fund (IMF) today jointly released the Handbook on Securities Statistics. The importance of securities markets in intermediating financial flows, both domestically and internationally, underscores the need for relevant, coherent, and internationally comparable […]

Mon May 11, 2015/Reuters Zimbabwe’s state-owned electricity distribution company is considering selling $1 billion in debt owed to it by defaulting customers, its managing director said on Monday. A sluggish economic performance this year, marked by company closures and job losses has seen more people struggle to settle their utility […]