Treasury welcomes surprise S&P decision to raise SA credit rating outlook

Agency has see-sawed between positive and stable outlooks for past few years

18 November 2024 - 10:57 By Andrew Linder and Hilary Joffe

S&P Global has given a surprise nod of approval to the government of national unity’s (GNU) reform agenda, raising the outlook on SA’s rating from stable to positive in a move that could see it upgrade the rating if economic growth and public finances improve faster than expected...

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