Moody’s says South Africa is still skating on thin ice. But the rating agency says all that can change if it does improves the rising debt levels and the running of state-owned enterprises. It says the country is facing a weak long term growth outlook and rising debt.
It says that South Africa’s GDP Growth will remain one of the lowest among Baa3- rated sovereigns.

For more news, visit: sabcnews.com

Original of the video here

South Africa News
SA Business News
SA Political News
SA Sport News
South Africa Gossip

Back to home page

Leave a Reply

Your email address will not be published. Required fields are marked *