Moody's upgrades South Africa's outlook from ‘negative’ to ‘stable’ - News24


4/1/2022 12:00:00 AM3 years 1 month ago

While government bonds are still rated as "junk", Moody's says South Africa's fiscal position has "markedly recovered".

  • The credit rating agency Moody's upgraded its outlook on South Africa from "negative" (which meant the next step could potentially be another downgrade) to "stable".
  • While government … [+3871 chars]

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