We've got news for you.

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

Less than a month after Moody’s Investors Service warned SA about its debt metrics and lack of economic growth, another agency, S&P Global, has done the same. So if there was any doubt about why the Reserve Bank decided against cutting interest rates on Thursday, that should be dispelled.

It wasn’t exactly a shock that S&P downgraded its outlook to negative. The reasoning behind the decision was predictable. What’s harder to forecast is whether we will do what is needed to avert more downgrades...

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

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.