'Political constraints' keep SA at risk of downgrade: RiskMap 2016
The compilers of RiskMap 2016 do not believe the “many positive indicators” of the latest national budget “will reduce the risk of credit rating downgrades”.Control Risk’s George Nicholls said on Monday: “The lack of details around specific cost-cutting mechanisms and populist pressures against significant restructuring of state-owned enterprises means that the downgrade risk will persist.
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