Recently, Moody’s Investors Service said digital technologies such as automation and artificial intelligence could enhance countries’ credit profiles. This comes as a relief as SA struggles to avoid junk status.
Moody’s is the only ratings agency that has maintained an investment-grade rating for SA. Even so, we hover just above junk status, with a negative outlook. This means a ratings downgrade is still very much on the cards unless we urgently look at the opportunities new technologies offer us. ..
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