Analyst Interviews

S&P cuts SA’s credit outlook to negative

PUBLISHED: Wed, 27 Nov 2019 12:35:14 GMT

S&P has downgraded South Africa’s sovereign credit outlook to negative from stable. The ratings agency cited weak economic growth, public debt and bailouts to Eskom as reasons for the downgrade. Joining CNBC Africa to unpack this decision is Ravi Bhatia, Director at S&P Global Ratings….

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