Data this week is mostly expected to underscore an economy barely able to grow, with small to no improvement expected in some indicators, especially those that measure business confidence.
The week also opens in the wake of Friday’s decision by S&P Global to downgrade its outlook on SA government debt from stable to negative. Though S&P cut SA to subinvestment grade, or junk status, in 2017, Friday’s announcement completes a trifecta of negative comments from the three major ratings agencies, underscoring the extent of the trouble SA’s economy is in...
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