Tag: status
Afrox achieves level 1 status
AFRICAN Oxygen Limited (Afrox) has achieved Level 1 status under South Africa’s Broad-Based Black Economic Empowerment regulations. This is an historic achievement for Afrox...
Consumers ‘in for a rough ride’ if SA hits ratings junk status
The panic about a possible sub-investment grade came after Moody’s expressed concern over the bailout of SOEs and the lack of growth in the...
Moody’s leaves South Africa hanging – here’s what to expect next
Ratings agency Moody’s has left the South African public hanging, with the group not publishing any ratings review, research report or note on the...
Why Moody’s could spare South Africa from junk
Ratings agency Moody’s says that even though South Africa’s budget points to fiscal deterioration, and was seen overall as credit negative, the analysis that...
Wiese loses billionaire status as Steinhoff continues massive sell-off
Once the richest man in South Africa, retail tycoon Christo Wiese has lost his dollar billionaire status, Forbes’ realtime rankings show.
As of...
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Why AI is both a risk and a priority defence tool
Cyber security in the age of AI is a key topic for the forthcoming ITWeb Security Summit, to be held in Cape Town and...