WATCH: What S&P has to say about SA’s chances of an upgrade
Ratings agency S&P Global is hosting a two-day conference focused on SA’s creditworthiness based on the current political landscape. The agency expects the governing party to maintain its power after the May 8 election, calling it the best possible outcome, allowing for the continuation of current reforms, which will encourage investment. The growth rate could even double to 1.6% in 2019, the agency said. Gardner Rusike, the associate director of Sovereign and IPF ratings at S&P Global, joined Business Day TV to discuss S&P Global’s assessment of the political climate.
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