Moody's expected to review SA credit rating - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Moody's is the only credit ratings agency who hasn't yet downgraded South Africa's credit rating to sub-investment grade, or junk status., taking into account the growth prospects of the economy.

Moody’s has forecast economic growth of 1.3% for this year and 1.5% for 2020, lower than the Treasury’s growth projection of 1.5 and 1.7%. Moody’s is the only credit ratings agency who hasn’t yet downgraded South Africa’s credit rating to sub-investment grade, or junk status.A Reuters poll of economists expects Moody’s to cut South Africa’s credit outlook to negative from stable but keep the credit rating one notch above sub-investment grade.

Tell them mama Action noma lingawa iRandi solichola 😂😂😂😂

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meet South Africa, the business destinationSPONSORED | SA_NCB Beyond the tourism-worthy features, the hosts of business events and the millions of delegates who have visited SA over the years have experienced another aspect – its appeal as a business destination. Read more.
Source: BDliveSA - 🏆 12. / 63 Read more »

Business Maverick: South Africa Names Ex-Alexander Forbes CEO to Rebuild Tax AgencSouth African President Cyril Ramaphosa appointed Edward Kieswetter, a former chief executive office of insurer Alexander Forbes Group Holdings Ltd., as the head of the nation’s tax agency.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: South Africa Holds Key Rate as It Cuts GDP GrowthHigher power, food and fuel prices will likely crimp household spending and limit prospects for stronger economic growth, resulting in the South African Reserve Bank having to hold the nation’s key interest rate for the rest of the year.
Source: dailymaverick - 🏆 3. / 84 Read more »