South Africa: Ratings Decision Vindicates Govt, Labour and Business Efforts - CEOs

27 November 2016

The decision by Fitch to retain South Africa's sovereign credit rating at its current level - although with a rating outlook change - is a vindication of the efforts by government, labour and business over the past year to negotiate and undertake structural reforms to drive faster, more sustainable and more inclusive economic growth for the benefit of all South Africans.

This was the reaction of the CEO Initiative, Business Leadership South Africa and Business Unity South Africa in response to sovereign credit rating announcements by Fitch and Moody's for South Africa.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.