Moody’s “may downgrade USA”

New York – Moody’s Investors Service said on Tuesday it would likely deprive the United States of its triple- A rating if the US Congress failed to reach a long-term debt reduction plan next year. In its latest report entitled ‘Update of the Outlook for the US Government Debt Rating’, Moody’s said the direction of … Continue reading “Moody’s “may downgrade USA””

Moody’s says low tariff increase is a “credit negetive for Eskom”

Pretoria – Comments by rating agency Moody’s over lower tariff increases for Eskom have been noted, said Eskom. In its Weekly Credit Watch on Monday, the rating agency described the lower tariff as “credit negative for Eskom”. Earlier this month, the National Energy Regulator of South Africa (Nersa) approved a reduced tariff increase of 16%, … Continue reading “Moody’s says low tariff increase is a “credit negetive for Eskom””