'The primary function of a credit card is to provide access to a credit facility.'
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Moody's keeps SA at investment grade | IOL NewsMoodys issued a credit opinion maintaining South Africa's sovereign credit rating at investment grade.
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Banks scale back on lending in weak credit marketIssuing of new credit cards decreased 15% year on year in fourth quarter of 2018 as banks target lower-risk borrowers
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What info is held on your credit record?Legally, the bureaus could hold this information because the SA National Roads Agency qualifies as a “prescribed person” who could submit payment information to the bureaus.
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Moody's says SA still rated investment gradeMoody's says the current rating off BAA3 is supported by a diversified economy, a sound macro-economic policy framework and a deep pool of domestic investors.
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Moody’s decision on SA's credit rating widely welcomedMoody's said it expects South Africa's credit profile to remain in line with those of other BAA3-rated sovereign nations.
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ANC welcomes Moody's credit rating as 'a vote of confidence'The ANC believes that rating agency Moody's retention of South Africa’s investment grade is a vote of confidence in the ruling party.
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ANC welcomes Moody's credit rating as 'a vote of confidence'The ANC believes that rating agency Moody's retention of South Africa’s investment grade is a vote of confidence in the ruling party.
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Rand boosted as Moody’s leaves SA’s rating unchangedIn its credit opinion report, which does not constitute a rating action, Moody's says South SA's credit rating remained at BAA3, the lowest rung of investment grade, with a stable outlook.
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Rand extends Moody’s relief rallyThe local currency has gained almost 20c since the credit agency opted not to review SA’s credit rating
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