Sat Oct 21 14:16:26 CAT 2017
Remembering reggae legend Lucky Dube (Photos)

To mark 10 years since Lucky Dube's death, his former recording company, Gallo Records, will release.

Moody's downgrades four top South African banks

By Sapa-AFP | 2014-08-20 07:46:16.0

Moody's on Tuesday downgraded the credit rating of four top South African banks, after the government was forced to bailout a troubled lender.

In a statement, the ratings agency said it had downgraded Standard Bank, Absa, FNB and Nedbank by one notch to Baa1, in a move sure to raise more questions about the health of the vital sector.

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