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Why S&P downgraded SA ahead of schedule

S&P Global’s decision to downgrade South Africa further into junk status, following concerns of what Covid-19 would do it the country’s growth and debt profile as been met with disappointment from government. National Treasury said it not happy that the downgrade has come when South Africa is facing one of its most challenging times. Ravi Bhatia, Director Sovereign & IPF Ratings at S&P Global Ratings joins CNBC Africa for more.

Thu, 30 Apr 2020 15:36:38 GMT
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