Mboweni to brief media on rating agencies’ recent announcements - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Tito Mboweni has acknowledged that non-investment grade ratings have undesirable implications for the whole economy.

Last Friday, Fitch downgraded South African ‘s debt further into junk territory adding to its misery, a week after Moody’s removed its investment-grade credit assessment. Mboweni has acknowledged that non-investment grade ratings have undesirable implications for the whole economy.

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Tito,,,,WITHOUT THE KNOWLEDGE OF THE SOLUTION THAT THE CITIZENS, THE PRESIDENT,AND THE WORLD PRAYED FOR,,awe Bossa_piet_say_this,,

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