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Month: Nov 2019

Farmers Expected To Harvest Slightly More Maize Than the Previous Estimate

27 November 2019 – South Africa‘s 2018/2019 maize crop is expected to be slightly higher than the previous estimate, boosted by higher yellow maize yields in the Free State and Mpumalanga provinces, the Crop Estimates Committee (CEC) said on Tuesday. The CEC, which gave its tenth and final estimate for the season, estimated maize production at …

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S&P Changes SA’s Outlook To Negative, Warns Of Growing Debt Burden

25 November 2019 – S&P Global Ratings changed its outlook on South Africa’s sovereign credit rating to negative on Friday evening, citing low GDP growth, rising fiscal deficits and a growing debt burden.  The rating agency did not downgrade SA further into junk, however. It warned that it may lower the rating if it observed continued fiscal …

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