South Africa must grow its economy faster and manage its public finances better if it hopes to receive its first credit rating upgrade in over 20 years, according to S&P …
EconomyFinance & ServicesINVESTMENTPoliciesSouth Africa
Tag:
S&P GLOBAL RATINGS
-
-
Business InsightsDevelopmentEconomyINVESTMENTPoliciesSouth Africa
South Africa Maintains ‘BB-‘ Credit Rating with Stable Outlook Despite Economic Challenges
South Africa’s credit rating has been kept at ‘BB-‘ with a stable outlook by two of the world’s major credit rating agencies — Fitch Ratings and S&P Global Ratings. This …
-
AfricaAFRICA NEWSBusiness and EconomyGhanaNewsWestern Africa
S&P Global affirms Ghana’s rating CCC+, Outlook Negative
Standard and Poor’s(S&P), Global Ratings, has revised Ghana’s rating from B-/B to CCC+/C, putting the country’s creditworthiness into junk status. It also reviewed the country’s economic outlook to negative, reflecting …