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While the decision still leaves the country in sub-investment grade or 'junk' status, it is seen as a vote of confidence in government's efforts to turn the economy around.

South Africa’s unchanged credit rating described as positive for the country

by Antoinette Ballack

23 May 2021, 6:51 AM

Head of the Wits Business School, Professor Jannie Rossouw, has described the decision by credit ratings agencies S and P ...

Fitch revises its outlook on SA’s credit rating from stable to negative

by Preggie Moodley

26 July 2019, 6:44 PM

Rating agency Fitch has revised its outlook on South Africa's credit rating from stable to negative.

S&P and Fitch continue to rate South Africa at sub-investment or so-called "junk" status, driving its cost of borrowing higher.

S&P keeps SA in ‘junk’ status, citing anaemic growth

by Tshepiso Moche

24 November 2018, 8:12 AM

Moody's remains the only one of the three major credit-rating agencies that still assesses South Africa's debt at investment grade, ...

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