SA has been warned that it's credit rating could be downgraded
104 views · Published 16 September 2016 · 3:48 · Indexed 10 November 2026
Channel: SABC News · 2016 · News & Politics
South Africa has been warned that it's credit rating could be downgraded by the end of the year if government fails to end political infighting, lift economic growth and reform debt-ridden state companies. The cautionary words come from ratings agency, Moody's. It currently has the country rated two notches above sub-investment grade. It says its negative outlook reflects wide and rising political divisions that generate policy uncertainty and impede structural reforms. For more news, visit: http://www.sabc.co.za/news
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