logo

#Budget2019: What a Moody’s downgrade will mean for SA

PUBLISHED: Wed, 20 Feb 2019 14:33:24 GMT

Share

With South Africa’s debt-to-GDP ratio increasing and breaching its fiscal deficit ceiling will Moody’s downgrade it to junk? Lesetja Kganyago, Governor of the South African Reserve Bank explained what a downgrade to junk would mean.


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.

RELATED