News Leader
WATCH: Why ratings agencies are doubtful about spending cuts
S&P Global sovereign ratings director Ravi Bhatia talks to Business Day TV about where the economy is headed
07 July 2020 - 07:32
Moody’s, Fitch and S&P Global are singing from the same hymn sheet — all three ratings agencies are doubtful about finance minister Tito Mboweni’s debt stabilisation plan.
S&P Global is the latest to add its voice to the growing concern, but is also the only ratings agency that has a stable outlook on the economy. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.