Cecil Kilpin | May 2017 Newsletter

By | Apr 26th, 2017|Business, Finance + Economics, Goverment, Newsletter|

What Junk Status Means for South Africa For the first time in 17 years, South Africa's credit rating has been downgraded to "non-investment grade" or "junk" status by the ratings agencies S&P Global and Fitch. The third major rating agency, Moody’s, is yet to announce their revised credit rating for South Africa. This financial downgrade [...]