Moody’s lifts South Africa outlook to positive as debt pressures ease
Credit rating agency Moody’s on Friday revised its outlook on South Africa to positive from stable, citing strengthening fiscal performance and progress on structural reforms. It, however, maintained the country’s long-term foreign and local currency issuer ratings at “Ba2”. South Africa’s government welcomed the decision. Africa’s most industrialised economy has, for more than a decade,… Source
Black News 
Credit rating agency Moody’s on Friday revised its outlook on South Africa to positive from stable, citing strengthening fiscal performance and progress on structural reforms. It, however, maintained the country’s long-term foreign and local currency issuer ratings at “Ba2”. South Africa’s government welcomed the decision. Africa’s most industrialised economy has, for more than a decade,…
