Moody's Keeps South Africa's Ba2 Credit Rating Stable

3 Hour(s) Ago    👁 73
moodys keeps south africas ba2 credit rating stable

Moodys Ratings has kept South Africas credit rating unchanged at Ba2 with a stable outlook.

It has been noted that South Africas ratings, including its Ba2 long-term issuer rating, reflect the countrys low growth potential.

This is due to ageing infrastructure, a weak labour market and socioeconomic inequalities that complicate policy efforts and fuel social tensions.

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