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.
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.