South Africa’s credit rating upgraded for first time in two decades
S&P Global Ratings raises status of the continent’s most industrialised nation to two notches below investment grade
S&P Global Ratings raises status of the continent’s most industrialised nation to two notches below investment grade

Long a byword for failure through years of power shortages, the state utility is now grappling with how to raise demand

Reliable data and better investor relations offer a more promising path to reducing capital costs

Appointment of contentious politician to manage finances of vital province reveals party’s loosening grip at local level

The continent is better positioned to weather crises, yet perceptions remain stuck in the past

A growing number of critics say the post-apartheid ANC programme hinders economic development

Ministers race to offer ‘support measures’ to affected companies as coalition squabbles over handling of talks