South Africa Dodges 'Junk Status' Rating Downgrade
Rating Agency Standard & Poor's decision to rate the country's sovereign credit at one notch above junk status but with a negative outlook has been welcomed by President Jacob Zuma.
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South Africa:
Nation Dodge Ratings Downgrades
SAnews.gov.za, 4 December 2016
President Jacob Zuma has congratulated government, business, labour and all South Africans after three major credit rating agencies kept South Africa's sovereign debt credit rating… Read more »
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InFocus
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Ratings agency Fitch and Moody's has announced that the country's sovereign credit rating will remain at its current level of moderate credit risk, two levels above sub-investment ... Read more »