Moodys downgrades SA

[newsroom]

Credit rating agency Moodys Investors Service has downgraded South Africa’s credit rating one notch from Baa1 to Baa2, while also revising the credit outlook from negative to stable, said National Treasury. Moody’s decision keeps South Africa’s rating in investment grade. “Government notes Moody’s decision and recognises that economic growth has slowed down and there is [...] Moodys downgrades SA is a post from: South Africa Business

The post Moodys downgrades SA appeared first on South Africa Business.



read more South Africa Business news