EDITORIAL: Moody’s urges SA to act while it has breathing space
Despite some disappointment over the pace of reform, the ratings agency has yet to lose patience
10 September 2019 - 20:31
While it is unclear if the Treasury had any representatives at the Moody’s Investors Service conference in Sandton on Tuesday, they would have broadly welcomed what was said.
The big takeaway is that though there is a degree of disappointment in the pace of reform, Moody’s, the last big ratings agency to have an investment-grade rating for SA, has yet to lose patience — so much so, that we can take it as a given that there will not be a downgrade anytime soon...
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.