Moody’s Investors Service, the last remaining credit ratings agency to hold SA at investment grade, has warned that rising income inequality could curtail growth, potentially compromising a country’s credit profiles.

In a report published last week, Moody’s said high inequality tends to be associated with higher levels of corruption and weaker government institutions — factors that can undermine overall institutional strength...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now