Why S&P is tougher on SA than Moody’s and Fitch

PUBLISHED: Mon, 27 Nov 2017 12:36:57 GMT

Standard and Poor’s grabbed headlines after downgrading South Africa’s local debt to junk and foreign debt further down the sub-investment grade. Ravi Bhatia, Director, Sovereign Ratings at S&P Global joins CNBC Africa for more.

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