Public Enterprises Played a Big Part in South Africa’s Credit Ratings Downgrade

[The Conversation Africa] With the broader implications of last week’s cabinet reshuffle in South Africa still being digested, capital markets have been quick to react. It took only a few days for S&P to formally report on its rating action in which it downgraded South Africa’s foreign currency government debt to sub-investment grade status.

[The Conversation Africa] With the broader implications of last week's cabinet reshuffle in South Africa still being digested, capital markets have been quick to react. It took only a few days for S&P to formally report on its rating action in which it downgraded South Africa's foreign currency government debt to sub-investment grade status.

source: AllAfrica News: South Africa

What a Downgrade Means and What To Do About It

[The Conversation Africa] Rating agency Standard & Poor’s (S&P) has cut South Africa’s foreign currency rating to sub-investment grade status. Two other global ratings agencies, Fitch and Moody’s, may well follow suit. The Conversation Africa’s editor Caroline Southey asked Professor Adrian Saville to explain the significance of the decision.

[The Conversation Africa] Rating agency Standard & Poor's (S&P) has cut South Africa's foreign currency rating to sub-investment grade status. Two other global ratings agencies, Fitch and Moody's, may well follow suit. The Conversation Africa's editor Caroline Southey asked Professor Adrian Saville to explain the significance of the decision.

source: AllAfrica News: South Africa

KCCA Plot El-Masry Downfall

[Observer] KCCA FC must address their calamity defending that has cost them dearly in recent games as they prepare for this Saturday’s Caf Confederation Cup round-of-32 tie with Egypt’s El-Masry, reports JOHN VIANNEY NSIMBE.

[Observer] KCCA FC must address their calamity defending that has cost them dearly in recent games as they prepare for this Saturday's Caf Confederation Cup round-of-32 tie with Egypt's El-Masry, reports JOHN VIANNEY NSIMBE.

source: AllAfrica News: Uganda

IGG Explains How Corrupt Magistrate Got Away Lightly

[Observer] Without the resources needed to go after every corrupt individual in public office, the Inspectorate of Government is being forced to exercise selective prosecution of the corrupt, the ombudswoman, Justice Irene Mulyagonja, has admitted.

[Observer] Without the resources needed to go after every corrupt individual in public office, the Inspectorate of Government is being forced to exercise selective prosecution of the corrupt, the ombudswoman, Justice Irene Mulyagonja, has admitted.

source: AllAfrica News: Uganda

Malls in Cut-Throat Competition for Local and International Brands

[East African] The recent opening of the Two Rivers Mall on the outskirts of Nairobi has raised the stakes in a sector that is struggling to achieve returns despite high occupancy rates by merchants.

[East African] The recent opening of the Two Rivers Mall on the outskirts of Nairobi has raised the stakes in a sector that is struggling to achieve returns despite high occupancy rates by merchants.

source: AllAfrica News: Kenya

The Lions of Akagera Park

[East African] The film Return of Lion, which premiered recently in Kigali; is an opportunity for viewers to see how the lions in Rwanda’s Akagera National Park live.

[East African] The film Return of Lion, which premiered recently in Kigali; is an opportunity for viewers to see how the lions in Rwanda's Akagera National Park live.

source: AllAfrica News: Rwanda

46 African Soccer Legends to Participate in Charity Match in Lagos

[This Day] No less than 46 African football legends have confirmed their participation in the clash of legends – a Charity /Peace football match being organised by Kanu Heart Foundation and Nelson Mandela Foundation for charitable initiatives.

[This Day] No less than 46 African football legends have confirmed their participation in the clash of legends - a Charity /Peace football match being organised by Kanu Heart Foundation and Nelson Mandela Foundation for charitable initiatives.

source: AllAfrica News: Nigeria