BREAKING NEWS: S&P Global Ratings lifts SA’s outlook to positive

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All three agencies have SA debt in junk status, with Moody’s two rungs below investment grade while S&P and Fitch have the country one level below that

S&P Global Ratings surprised the market late on Friday when it lifted the outlook on SA’s sovereign credit rating to positive, highlighting favourable terms of trade.

In early April Moody’s Investors Service changed the outlook on SA’s rating to stable, while Fitch Ratings made the same move a few months before that...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.

 

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Yes, sure, now that our markets fell and they have taken their trading positions !!

The cynic in me says, 'Who paid them to say this and how .much were they paid!!'

It fake, that shows how deep economists are fake, whn it comes to their favorites they Wil reports positive.

Wow.... good news but HOW?

What with rolling blackouts everyday that’s madness 😂

Based on what

These things are nit to be trusted,. I mean petrol prices are high, eskom can't supply enough power, high unemployment rates and all this gives us a positive outlook?

CheetahPlains

They want us to vote Ramaphosa

💃🏼🕺🏻💃🏼

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