Moody's maintains SA's investment grade - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Moody's maintains SA's investment grade via SABCNewsOnline

says South Africa’s sovereign credit rating is still in investment grade, several days after it delayed a review of the country’s credit worthiness.

Moody’s is the last of the big three ratings agencies to give South Africa an investment-grade rating. It said in a research note that the country’s credit rating was still at Baa3 with a stable outlook, despite lower economic growth.Economists say the decision by rating agency Moody’s to maintain the country’s investment grade has brought more certainty in the local economy.“It affirms for now definitively that there is not going to be a change in the outlook which in turn means that it will be at least another year before a there’s any change of a downgrade.

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 /  🏆 32. in KR
 

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Cr7 has some credibility,imagine SA under JZ!!We would be already like Venezuela.Dreadful nine years,thank God,we only talk about it as Sans,we need to learn after this episode of looting of our resources.All thugs must be taken out of the list and jailed.

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