There must be a catch — there is always one when an easy and tidy solution presents itself LukanyoMnyanda 🔒
Another week passes, and there is another credit downgrade. It’s not a good trend for SA, and talk of aid from the IMF and other bodies is becoming more conventional by the day.
The latest judgment on the country, this time by Fitch Ratings, wasn’t particularly surprising and the reasoning was more or less identical to that offered by Moody’s Investors Service when it downgraded SA a week before.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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