South Africa escapes third junk rating, Moody's upgrades outlook to stable

[Jan]

South Africa escapes third junk rating

South Africa escaped a third junk rating as Moody’s Investors Service kept its assessment of the nation’s debt unchanged, citing more transparent and predictable policies under President Cyril Ramaphosa.

[Bloomberg]

 

[Excalibur]

The Moyane suspension helped. Well done Ramaphosa.

 

[HavocXphere]

The Moyane suspension helped. Well done Ramaphosa.

If they canned the entire gov then they'd upgrade SA to AAA