FITCH SA RATING MAINTAINS A STABLE OUTLOOK
Mon 22 January 2024: Government has noted Fitch’s decision to affirm South Africa’s longterm foreign and local currency debt ratings at ‘BB-’ and maintain the stable outlook. According to Fitch, South Africa’s credit rating is constrained by low real Gross Domestic Product (GDP) growth, high level of inequality, a high and rising government debt-to-GDP ratio, […]
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