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South Africa: Moody's Keeps SA At Investment Grade
News24Wire, 24 March 2018
Ratings agency Moody's on Friday night kept South Africa's sovereign debt at above investment grade, and changed its outlook to stable. Read more »
With the country experiencing a roller coaster ride in credit ratings in the past few months, the National Treasury has welcomed the decision by ratings agency Moody's to keep the country's credit rating stable, saying the government was working to improve the country's investment and economic prospects by providing policy certainty.
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Trade and Industry Minister Rob Davies has said that the decision by Moody's to retain South Africa's credit rating came with the condition that the economy was expected to improve ... Read more »
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 »
Ratings Agency Moody's has downgraded several firms including telecommunications giant MTN and Africa's biggest energy firm Eskom. Read more »
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