×

We've got news for you.

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

SA received short shrift from the three main ratings agencies last week. This should rattle the complacency that had begun to settle into the government following the finalisation of its economic recovery plan and the recent rebound in economic activity.

The swift move by Moody’s and Fitch to downgrade SA again after just six months, leaving the country’s foreign currency rating deep in junk territory, also came as a shock to markets. Most analysts had thought SA would be given more time to demonstrate progress with its fiscal and economic reform efforts in the wake of Covid-19...

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.