Moody's says SA still rated investment grade

JOHANNESBURG - Moody's says it expects economic growth to pick up modestly this year to 1.3% and is keeping its rating at BAA3, one level above sub-investment grade.It now says the current rating off BAA3 is supported by a diversified economy, a sound macro-economic policy framework and a deep pool of domestic investors.

This is good news for government, which has been battling to convince ratings agencies that there is economic change.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick Friday Cartoon: Good Moody, Bad Moody
Source: dailymaverick - 🏆 3. / 84 Read more »

Moody's to announce SA's credit rating - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Moody's Investor Services is expected to announce South Africa's credit rating on Friday evening. Lets hope this Moody is in a good mood.
Source: SABC News Online - 🏆 32. / 51 Read more »

Business Maverick: Moody’s stands pat and SA’s economy breathes a sigh of relief – for nowIt all depends if they are in a good moody, or a bad moody, said Rico’s cartoon in Friday. Turns out they were in a good moody.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Moody’s stands pat and SA’s economy breaths a sigh of relief – for nowIt all depends if they are in a good moody, or a bad moody, said Rico’s cartoon in Friday. Turns out they were in a good moody. AngeloCoppolaSA
Source: dailymaverick - 🏆 3. / 84 Read more »

GROUNDUP: International tuberculosis commission praises SA government’s increased investmentTuberculosis killed 1.6 million people worldwide in 2017 and progress in reducing the global burden of the disease is occurring at a ‘frustratingly slow rate’.
Source: dailymaverick - 🏆 3. / 84 Read more »