The Editor's Desk: The FirstRand unbundling & SA’s junk rating episode artwork

EPISODE · Nov 25, 2019 · 20 MIN

The Editor's Desk: The FirstRand unbundling & SA’s junk rating

from Rational Radio · host BizNews

It was a week of contrasts. First, there was good news for shareholders as Remgro and RMH announced plans to unbundle a 40% stake in FirstRand. Then, more bad news for taxpayers as S&P revised its outlook for South Africa to negative, suggesting an additional downgrade is in the pipes. In this episode, Alec Hogg and Felicity Duncan discuss the reasoning behind the unbundling and the implications of SA’s worsening debt position. 

Episode metadata supplied by the publisher feed · Published Nov 25, 2019

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The Editor's Desk: The FirstRand unbundling & SA’s junk rating

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