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.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in CA

Canada Canada Latest News, Canada Canada Headlines