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Moody's

Moody's is one of the three dominant global credit rating agencies, assessing the creditworthiness of governments, corporations, financial institutions and debt securities. Headquartered in New York, Moody's operates through its principal subsidiary Moody's Investors Service, which issues credit ratings, and Moody's Analytics, which provides risk management software and research. The agency uses an alphanumeric rating scale from Aaa (highest quality) to C (lowest), with ratings influencing the interest rates borrowers pay and investor appetite for bonds and other debt instruments. Moody's evaluates economic strength, institutional quality, fiscal health, debt sustainability and external vulnerabilities when rating sovereign nations, making its assessments critical for emerging-market economies seeking to attract foreign investment. African governments frequently engage with Moody's as they issue Eurobonds or seek to improve their credit profiles, with ratings changes often triggering significant market reactions. The agency competes with S&P Global Ratings and Fitch in a market that has come under regulatory scrutiny for potential conflicts of interest, given that issuers pay for ratings. Moody's employs analysts across regional offices worldwide and publishes extensive research on macroeconomic trends, sector outlooks and credit conditions. The company is publicly traded and generates revenue primarily from ratings fees and subscriptions to its analytics platform. Moody's traces its history to 1909, when John Moody published the first publicly available bond ratings, and it has since grown into a central institution in global finance.

Moody's Updates


South Africa's Treasury welcomes Fitch upgrade to BB with stable outlook
8th June 2026 By: Schalk Burger

The National Treasury has welcomed credit rating agency Fitch’s decision to upgrade South Africa’s long-term foreign and local currency credit ratings to ‘BB’ from ‘BB-’ and to maintain its stable... 


Treasury director-general Dr Duncan Pieterse
South Africa meeting fiscal, structural reform targets, Treasury DG Pieterse assures
2nd June 2026 By: Schalk Burger

South Africa has demonstrated that it can deliver on its fiscal targets and its structural reform agenda, and the benefits of latent improving fiscal credibility are already evident in the form of... 


TCTA welcomes latest positive outlook by Moody’s
1st June 2026 By: Creamer Media Reporter

State-owned Trans Caledon Tunnel Authority (TCTA) on Monday said that ratings agency Moody has reaffirmed the positive outlook on TCTA’s water infrastructure projects, having moved from s stable to... 


An image of BLSA CEO Busi Mavuso
South Africa must continue to pursue reform programme to maintain stability – BLSA
1st June 2026 By: Tasneem Bulbulia

The decision by the South African Reserve Bank (SARB) last week to hike interest rates by 25 basis points in response to rising global inflation is the correct call, business organisation Business... 


Liquid Intelligent Technologies draws outsized demand for $300m bond
21st April 2026 By: Creamer Media Reporter

Pan-African fibre and technology business Liquid Intelligent Technologies has closed a $660-million debt financing round, including a $300-million Eurobond that was oversubscribed 2.5 times. This... 


Newly appointed MC Mining CEO Christine (Yi) He.
Foreign direct investment providing quantum progress, new MC Mining CEO emphasises
23rd January 2026 By: Martin Creamer

The mineral reserves of South Africa hold enormous potential for the country’s future economic growth, newly appointed MC Mining MD and CEO Christine (Yi) He emphasises in an Op-Ed released on... 


Newly appointed MC Mining CEO Christine (Yi) He.
Foreign direct investment providing quantum progress, new MC Mining CEO emphasises
17th December 2025 By: Martin Creamer

The mineral reserves of South Africa hold enormous potential for the country’s future economic growth, newly appointed MC Mining MD and CEO Christine (Yi) He emphasises in an Op-Ed released on... 


UNDP, UN ECA and African Peer Review Mechanism welcome African credit ratings upgrades
9th December 2025 By: Rebecca Campbell

The UN Development Programme (UNDP), the UN Economic Commission for Africa (ECA) and the African Peer Review Mechanism (APRM) have jointly welcomed recent upgrades of a number of African countries’... 


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