S&P doesn’t see downside risks to South Africa’s sovereign rating




JOHANNESBURG   –  S&P Global Ratings does not see downside risks to South Africa’s sovereign credit rating, its Africa regional manager said on Wednesday.

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“A stable outlook at this point signals to you the risks are not stacked on the downside (or) medium term … unless obviously the situation would worsen again,” S&P Global’s Konrad Reuss said at an economic conference in Johannesburg.(Reuters)

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