Fitch affirms SA’s outlook as negative

PUBLISHED: Thu, 19 Dec 2019 11:11:01 GMT


Ratings agency Fitch affirmed its South African outlook as negative. In a note released late yesterday evening, the agency said the outlook reflects uncertainty about government’s ability to manage its high and rising levels of debt and pressure on policy-making. Joining CNBC Africa for more is Jan Friederich, Senior Director and Head of Middle East and Africa Sovereign Ratings at Fitch.

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