Experts say SA's credit rating to stay the same

Experts say SA's credit rating to stay the same

South Africa could move towards an even deeper junk credit rating on Friday evening when ratings agencies Moody’s and S&P Global release their reviews of the country. As things stand, South Africa has a sub-investment grade, with all three major credit-ratings agencies. A lower grading means it's seen as a riskier country to lend money to. Lumkile Mondi from Wits University’s School of Economics and Business Science discusses this.


User: South African Breaking News

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Uploaded: 2020-11-20

Duration: 02:37