Credit Rating
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The Rating Racket
23 June 2026 - by Dr Lebohang Liepollo Pheko
On 12 June 2026, Fitch upgraded Eskom from B to B+. The utility celebrated. The Treasury welcomed it. But B+ remains speculative—non-investment grade, carrying substantial credit risk. Eskom, which powers Africa’s most industrialised economy, (…)
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