Rating Moody's South Africa
| Long term Rating | Short term Rating | ||||||
|---|---|---|---|---|---|---|---|
| Foreign currency | Local currency | Foreign currency | Local currency | ||||
| Date | Rating(Outlook) | Date | Rating | Date | Rating | Date | Rating |
| 2024-12-03 | Ba2 (Stable) | ||||||
| 2022-04-01 | Ba2 (Stable) | ||||||
| 2020-11-20 | Ba2 (Negative) | ||||||
| 2020-03-27 | Ba1 (Negative) | 2024-12-03 | Ba2 | ||||
| 2019-11-01 | Baa3 (Negative) | 2022-04-01 | Ba2 | ||||
| 2018-03-23 | Baa3 (Stable) | 2020-11-20 | Ba2 | ||||
| 2017-11-24 | Baa3 (Under Review) | 2020-03-27 | Ba1 | ||||
| 2017-06-09 | Baa3 (Negative) | 2019-11-01 | Baa3 | ||||
| 2017-04-03 | Baa2 (Under Review) | 2018-03-23 | Baa3 | ||||
| 2016-05-06 | Baa2 (Negative) | 2017-11-24 | Baa3 | ||||
| 2016-03-08 | Baa2 (Under Review) | 2017-06-09 | Baa3 | ||||
| 2015-12-15 | Baa2 (Negative) | 2017-04-03 | Baa2 | ||||
| 2014-11-06 | Baa2 (Stable) | 2016-05-06 | Baa2 | ||||
| 2013-07-17 | Baa1 (Negative) | 2016-03-08 | Baa2 | ||||
| 2012-09-27 | Baa1 | 2015-12-15 | Baa2 | ||||
| 2011-11-09 | (Negative) | 2014-11-06 | Baa2 | ||||
| 2009-07-16 | A3 (Stable) | 2013-07-17 | Baa1 | ||||
| 2007-06-05 | (Positive) | 2012-09-27 | Baa1 | ||||
| 2005-01-11 | Baa1 (Stable) | 2009-07-16 | A3 | ||||
| 2004-10-14 | (Under Review) | 2001-11-29 | A2 | ||||
| 2003-11-15 | (Positive) | 2001-01-29 | A2 | ||||
| 2001-11-29 | Baa2 | 1995-11-20 | Baa1 | ||||
| 1994-10-03 | Baa3 | 1995-01-20 | Baa1 | ||||
Moody's: Long term Rating
Rating S&P South Africa
| Long term Rating | Short term Rating | ||||||
|---|---|---|---|---|---|---|---|
| Foreign currency | Local currency | Foreign currency | Local currency | ||||
| Date | Rating(Outlook) | Date | Rating | Date | Rating | Date | Rating |
| 2025-11-14 | BB (Positive) | ||||||
| 2024-11-15 | BB- (Positive) | ||||||
| 2023-03-08 | BB- (Stable) | ||||||
| 2020-04-29 | BB- (Stable) | 2025-11-14 | BB+ | ||||
| 2019-11-22 | (Negative) | 2024-11-15 | BB | ||||
| 2017-11-24 | BB (Stable) | 2023-03-08 | BB | ||||
| 2017-04-03 | BB+ (Negative) | 2020-04-29 | BB | ||||
| 2015-12-04 | (Negative) | 2017-11-24 | BB+ | ||||
| 2014-06-13 | BBB- (Stable) | 2017-04-03 | BBB- | 2017-11-24 | B | ||
| 2012-10-12 | BBB (Negative) | 2016-12-02 | BBB | 2017-04-03 | A-3 | ||
| 2012-03-28 | (Negative) | 2014-06-13 | BBB+ | 2017-04-03 | B | 2012-10-12 | A-2 |
| 2011-01-25 | (Stable) | 2012-10-12 | A- | 2014-06-13 | A-3 | 2006-03-29 | A-1 |
| 2005-08-01 | BBB+ | 2011-01-25 | A | 2005-08-01 | A-2 | 2003-05-07 | A-1 |
S&P: Long term Rating
Rating Fitch South Africa
| Long term Rating | Short term Rating | ||||||
|---|---|---|---|---|---|---|---|
| Foreign currency | Local currency | Foreign currency | Local currency | ||||
| Date | Rating(Outlook) | Date | Rating | Date | Rating | Date | Rating |
| 2020-11-20 | BB- | 2020-04-03 | B | ||||
| 2020-04-03 | BB | 2019-12-18 | B | ||||
| 2020-11-20 | BB- (Negative) | 2019-12-18 | BB+ | 2019-07-26 | B | ||
| 2020-04-03 | BB (Negative) | 2019-07-26 | BB+ | 2018-12-06 | B | ||
| 2019-12-18 | BB+ | 2018-12-06 | BB+ | 2018-06-15 | B | ||
| 2019-07-26 | BB+ | 2018-06-15 | BB+ | 2017-11-23 | B | ||
| 2018-12-06 | BB+ | 2017-11-23 | BB+ | 2017-06-01 | B | ||
| 2018-06-15 | BB+ (Stable) | 2017-06-01 | BB+ | 2017-04-07 | B | ||
| 2017-11-23 | BB+ (Stable) | 2017-04-07 | BB+ | 2016-11-25 | F3 | ||
| 2017-06-01 | BB+ (Stable) | 2016-11-25 | BBB- | 2016-07-22 | F3 | ||
| 2017-04-07 | BB+ (Stable) | 2016-07-22 | BBB- | 2016-06-08 | F3 | ||
| 2016-11-25 | BBB- (Negative) | 2016-06-08 | BBB | 2015-12-04 | F3 | ||
| 2016-07-22 | BBB- (Stable) | 2015-12-04 | BBB | 2015-06-05 | F3 | ||
| 2016-06-08 | BBB- (Stable) | 2015-06-05 | BBB+ | 2014-12-12 | F3 | ||
| 2015-12-04 | BBB- (Stable) | 2014-12-12 | BBB+ | 2014-09-29 | F3 | ||
| 2015-06-05 | BBB | 2014-09-29 | BBB+ | 2014-09-23 | F3 | ||
| 2014-12-12 | BBB | 2014-09-23 | BBB+ | 2014-09-10 | F3 | ||
| 2014-09-29 | BBB (Negative) | 2014-09-10 | BBB+ | 2014-09-05 | F3 | ||
| 2014-09-23 | BBB (Negative) | 2014-09-05 | BBB+ | 2014-08-22 | F3 | ||
| 2014-09-10 | BBB (Negative) | 2014-08-22 | BBB+ | 2014-08-06 | F3 | ||
| 2014-09-05 | BBB (Negative) | 2014-08-06 | BBB+ | 2014-07-31 | F3 | ||
| 2014-08-22 | BBB (Negative) | 2014-07-31 | BBB+ | 2014-07-07 | F3 | ||
| 2014-08-06 | BBB (Negative) | 2014-07-07 | BBB+ | 2014-06-27 | F3 | ||
| 2014-07-31 | BBB (Negative) | 2014-06-27 | BBB+ | 2014-06-13 | F3 | ||
| 2014-07-07 | BBB (Negative) | 2014-06-13 | BBB+ | 2014-06-04 | F3 | ||
| 2014-06-27 | BBB (Negative) | 2014-06-04 | BBB+ | 2014-05-28 | F3 | ||
| 2014-06-13 | BBB (Negative) | 2014-05-28 | BBB+ | 2014-05-21 | F3 | ||
| 2014-06-04 | BBB (Stable) | 2014-05-21 | BBB+ | 2014-05-09 | F3 | ||
| 2014-05-28 | BBB (Stable) | 2014-05-09 | BBB+ | 2014-04-28 | F3 | ||
| 2014-05-21 | BBB (Stable) | 2014-04-28 | BBB+ | 2014-04-11 | F3 | ||
| 2014-05-09 | BBB (Stable) | 2014-04-11 | BBB+ | 2014-04-04 | F3 | ||
| 2014-04-28 | BBB (Stable) | 2014-04-04 | BBB+ | 2014-03-28 | F3 | ||
| 2014-04-11 | BBB (Stable) | 2014-03-28 | BBB+ | 2014-03-10 | F3 | ||
| 2014-04-04 | BBB (Stable) | 2014-03-10 | BBB+ | 2014-03-05 | F3 | ||
| 2014-03-28 | BBB (Stable) | 2014-03-05 | BBB+ | 2014-01-31 | F3 | ||
| 2014-03-10 | BBB (Stable) | 2014-01-31 | BBB+ | 2014-01-23 | F3 | ||
| 2014-03-05 | BBB (Stable) | 2014-01-23 | BBB+ | 2014-01-09 | F3 | ||
| 2014-01-31 | BBB (Stable) | 2014-01-09 | BBB+ | 2013-12-30 | F3 | ||
| 2014-01-23 | BBB (Stable) | 2013-12-30 | BBB+ | 2013-12-18 | F3 | ||
| 2014-01-09 | BBB (Stable) | 2013-12-18 | BBB+ | 2013-12-03 | F3 | ||
| 2013-12-30 | BBB (Stable) | 2013-12-03 | BBB+ | 2013-10-30 | F3 | ||
| 2013-12-18 | BBB (Stable) | 2013-10-30 | BBB+ | 2013-10-14 | F3 | ||
| 2013-12-03 | BBB (Stable) | 2013-10-14 | BBB+ | 2013-09-30 | F3 | ||
| 2013-10-30 | BBB (Stable) | 2013-09-30 | BBB+ | 2013-09-11 | F3 | ||
| 2013-10-14 | BBB (Stable) | 2013-09-11 | BBB+ | 2013-07-29 | F3 | ||
| 2013-09-30 | BBB (Stable) | 2013-07-29 | BBB+ | 2013-07-11 | F3 | ||
| 2013-09-11 | BBB (Stable) | 2013-07-11 | BBB+ | 2013-06-27 | F3 | ||
| 2013-07-29 | BBB (Stable) | 2013-06-27 | BBB+ | 2013-05-28 | F3 | ||
| 2013-07-11 | BBB (Stable) | 2013-05-28 | BBB+ | 2013-03-28 | F3 | ||
| 2013-06-27 | BBB (Stable) | 2013-03-28 | BBB+ | 2013-03-08 | F3 | ||
| 2013-05-28 | BBB (Stable) | 2013-03-08 | BBB+ | 2013-02-26 | F3 | ||
| 2013-03-28 | BBB (Stable) | 2013-02-26 | BBB+ | 2013-02-08 | F3 | ||
| 2013-03-08 | BBB (Stable) | 2013-02-08 | BBB+ | 2012-11-16 | F2 | ||
| 2012-08-17 | BBB+ (Negative) | 2012-11-16 | A | 2012-10-26 | F2 | ||
| 2012-07-11 | BBB+ (Negative) | 2012-10-26 | A | 2012-08-17 | F2 | ||
| 2012-05-25 | BBB+ (Negative) | 2012-08-17 | A | 2012-07-11 | F2 | ||
| 2012-04-26 | BBB+ (Negative) | 2012-07-11 | A | 2012-05-25 | F2 | ||
| 2012-02-24 | BBB+ (Negative) | 2012-05-25 | A | 2012-04-26 | F2 | ||
| 2012-01-24 | BBB+ (Negative) | 2012-04-26 | A | 2012-02-24 | F2 | ||
| 2011-12-09 | BBB+ (Stable) | 2012-02-24 | A | 2012-01-24 | F2 | ||
| 2011-11-23 | BBB+ (Stable) | 2012-01-24 | A | 2011-12-09 | F2 | ||
| 2011-05-20 | BBB+ (Stable) | 2011-12-09 | A | 2011-11-23 | F2 | ||
| 2011-01-17 | BBB+ (Stable) | 2011-11-23 | A | 2011-05-20 | F2 | ||
| 2008-11-09 | BBB+ (Negative) | 2011-05-20 | A | 2011-01-17 | F2 | ||
| 2008-06-17 | BBB+ (Stable) | 2011-01-17 | A | 2008-11-09 | F2 | ||
| 2007-07-25 | BBB+ (Positive) | 2008-11-09 | A | 2008-06-17 | F2 | ||
| 2005-08-25 | BBB+ (Stable) | 2008-06-17 | A | 2007-07-25 | F2 | ||
| 2004-10-21 | BBB (Positive) | 2007-07-25 | A | 2005-08-25 | F2 | ||
| 2003-05-02 | BBB (Stable) | 2005-08-25 | A | 2004-10-21 | F3 | ||
| 2003-03-11 | BBB- (Positive) | 2004-10-21 | A- | 2003-05-02 | F3 | ||
| 2002-08-20 | BBB- (Positive) | 2003-05-02 | A- | 2003-03-11 | F3 | ||
| 2000-09-21 | BBB- (Stable) | 2003-03-11 | BBB+ | 2002-08-20 | F3 | ||
| 2000-06-27 | BBB- | 2002-08-20 | BBB+ | 2000-09-21 | F3 | ||
| 2000-05-19 | BB+ | 2000-09-21 | BBB+ | 2000-06-27 | F3 | ||
| 1998-05-28 | BB | 2000-06-27 | BBB+ | 2000-05-19 | B | 2020-04-03 | B |
| 1998-02-17 | BB (Positive) | 2000-05-19 | BBB+ | 1998-05-28 | B | 2019-12-18 | B |
| 1996-06-05 | BB | 1998-05-28 | BBB | 1998-02-17 | B | 2019-07-26 | B |
| 1995-10-26 | BB | 1998-02-17 | BBB | 1996-06-05 | B | 2018-12-06 | B |
| 1994-09-22 | BB | 1996-06-05 | BBB | 1995-10-26 | B | 2018-06-15 | B |
Fitch: Long term Rating
| Grade | Moody's | S&P | Fitch |
|---|---|---|---|
| Prime | Aaa | AAA | AAA |
| High grade | Aa1 | AA+ | AA+ |
| Aa2 | AA | AA | |
| Aa3 | AA- | AA- | |
| Upper medium grade | A1 | A+ | A+ |
| A2 | A | A | |
| A3 | A- | A- | |
| Lower medium grade | Baa1 | BBB+ | BBB+ |
| Baa2 | BBB | BBB | |
| Baa3 | BBB- | BBB- | |
| Non-investment grade speculative | Ba1 | BB+ | BB+ |
| Ba2 | BB | BB | |
| Ba3 | BB- | BB- | |
| Highly speculative | B1 | B+ | B+ |
| B2 | B | B | |
| B3 | B- | B- | |
| Substantial risks | Caa1 | CCC+ | CCC+ |
| Caa2 | CCC | CCC | |
| Caa3 | CCC- | CCC- | |
| Extremely speculative | Ca | CC | CC |
| C | |||
| In default with little prospect for recovery | SD | RD | |
| In default | C | D | D |
| DD | |||
| DDD | |||
| Not rated | WR | NR |
| Grade | Moodys | S&P | Fitch |
|---|---|---|---|
| High grade | P-1 | A-1+ | F1+ |
| Upper medium grade | P-1 | A-1 | F1 |
| Lower medium grade | P-2 | A-2 | F2 |
| Non-investment grade speculative | P-3 | A-3 | F3 |
| Highly speculative | B | B | |
| Extremely speculative | NP | C | C |
