Fitch: What the negative outlook on SA means

PUBLISHED: Mon, 29 Jul 2019 11:03:27 GMT

Ratings agency Fitch has revised its outlook on South Africa from stable to negative. The ratings agency also kept South Africa’s long-term foreign and local currency debt on BB plus but has sited its concerns about the country’s overall growth potential. Mahmoud Harb, Director at Fitch Ratings joins CNBC Africa for more.

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