KM Financial Solutions | Moody’s changes outlook on S.African sovereign rating to ‘negative’
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Moody’s changes outlook on S.African sovereign rating to ‘negative’

Moody’s changes outlook on S.African sovereign rating to ‘negative’

Moody’s revised the outlook
on South Africa’s last investment-grade credit rating from
“stable” to “negative” on Friday, saying there had been a
continued deterioration in the country’s economic growth
trajectory and public debt burden.

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