Credit South Africa Latest Information

Credit South Africa Latest Information

South African Banks and Retailers Advancing Credit Strategies with Optimization Analytics from FICO
LONDON, Feb. 8, 2012 /PRNewswire/ -- FICO (NYSE:FICO - News), the leading provider of analytics and decision management technology, today announced that South African credit grantors are increasingly adopting ...

Iran policy not swayed by phone firm, South Africa says
JOHANNESBURG (Reuters) - South Africa denied on Friday it had been pressured by MTN Group into backing Tehran's nuclear program and aiding its military when the Johannesburg-based mobile operator was bidding for a telephone license in Iran. "South Africa's foreign policy is independent and it cannot be influenced by anyone," Foreign Ministry spokesman Clayson Monyela said. MTN is the latest ...

South Africa: Govt Economic Policy Orientation Unclear
African Arguments (London)-In mid-January while much of the country's business community was still on or returning from summer holidays, Fitch Ratings revised its outlook for South Africa's credit rating to 'negative' from 'stable'. In doing so it seemed to be issuing a 'welcome to 2012' flag on what it thinks will be a period marked by continued policy uncertainty and challenges for the ANC-led ...

South Africa Rating Outlook Reduce to Negative by Fitch
South Africa’s credit-rating outlook was cut to negative by Fitch Ratings as stagnating growth curbs job creation and cuts the government’s ability to manage its deficit. The rand erased gains made so far this year.

S.Africa's Dec credit growth at 6.21 pct y/y
JOHANNESBURG (Reuters) - Growth in credit demand by South Africa's private sector was largely steady at 6.21 percent year-on-year in December compared with 6.22 percent rise in November, central bank data showed on Tuesday. Growth in the broadly defined M3 measure of money supply quickened more than expected to 8.21 percent year-on-year from 7.23 percent in November. Economists surveyed by ...

South Africa: President Expected to Focus on Economy at State of the Nation Address
[SAPA] Cape Town - President Jacob Zuma is expected to focus mainly on economic issues in his address at Thursday evening's official opening of Parliament for 2012.

Men sentenced to 18 years for slaying South African lesbian
Gay rights advocates in South Africa hailed a judge's sentencing of four men to 18 years each in prison for brutally slaying a 19-year-old lesbian.

Risk aversion hits S.Africa's rand, bonds
JOHANNESBURG (Reuters) - South Africa's rand fell more than 1 percent on Monday as investors globally shunned risky assets and data showing a narrowing budget deficit failed to encourage investors as public finances are expected to be under pressure over the next few years. Government bonds also fell, with some dealers saying local assets were also hit by profit taking after strong gains last ...

Best Consumer-Stock Gain May End on South Africa Valuations
The world’s best-performing consumer stocks have become the lowest-rated by analysts after valuations of South African retailers and food producers climbed to the most expensive levels on record.

Men sentenced in lesbian's slaying
Gay rights advocates in South Africa hailed a judge's sentencing of four men to 18 years each in prison for brutally slaying a 19-year-old lesbian.

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