South Africa in happier times - the 2010 World Cup. (Photo/ Flickr/ Celso Flores)

The Knives Have Fallen: What A Ratings Downgrade Means For South Africa, And What Comes Next

Within a month the weaker currency could translate into higher fuel prices at the pump, affecting household budgets and business margins. But the impact will start to be felt more dramatically in about six months time

Credit ratings matter a great deal to South Africa's economy. The financial sector is very large for a country of its size. (Photo/ Flickr/ Frereike)

Africa’s Total Debt Outstanding By Country: Zimbabwe Still In A Very Tight Spot

Sovereign debt is being watched carefully across Africa as a prolonged commodity markets slump and a stronger dollar makes it more difficult for governments to keep up with their repayments.