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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessSOUTH AFRICA: Fitch Affirm Eskom at 'B'; Outlook Stable
Fitch Ratings has affirmed Eskom Holdings SOC Ltd.'s Long-Term Local-Currency Issuer Default Rating at 'B'. The Outlook is Stable. More from Fitch below:
- "The rating affirmation mainly reflects strong links between Eskom and South Africa (BB-/Stable)"
- "Our assessment of Eskom's Standalone Credit Profile (SCP) remains unchanged at 'ccc-', reflecting its poor operating performance, weak financial position, and liquidity that remains highly dependent on the government support through a debt relief programme till financial year ending March 2027."
Full report here.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.