Another tremor hits parts of Joburg, Moody’s upgrades City of Cape Town’s credit rating, The most expensive homes in the world, and Rob van Vuuren was everyone’s National Arts Festival Bae.
Moody’s announced today that, following the revision of the country’s foreign currency desposit ceiling, it had downgraded South Africa’s five biggest banks. This comes only days after the ratings agency downgraded SA’s government bond rating.