We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

SA is likely to suffer further ratings downgrades as the economy struggles to recover from the devastating impact of Covid-19 and recent unrest, while ongoing spending pressures on the government continue to weigh on the country’s fiscal debt position, says Absa.

Though Absa welcomed recent policy decisions such as the lifting of the licensing threshold for embedded electricity generation to 100MW, it said that without much more aggressive structural reforms further credit rating downgrades are “more likely than not”...

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 articles from our international business news partners; 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