Experts expect S&P Global to keep SA rating unchanged - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Ratings’ agency S&P Global is expected to release its sovereign rating review of South Africa after markets close on Friday.

FILE PHOTO: The S&P Global logo is displayed on its offices in the financial district in New York City, U.S., December 13, 2018.FILE PHOTO: The S&P Global logo is displayed on its offices in the financial district in New York City, U.S., December 13, 2018.

In May, S&P assigned a positive outlook to its BB local currency and BB-hard currency ratings on the country. It’s not confirmed but Moody’s may also make its ratings call tonight as well. Assigning a positive outlook in May means that there is a one-third chance that they may raise the country’s rating.

 

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