Ramos on downgrade: This time around it's only a 'maybe'
13 March 2016 - 02:00
It is not the first time South Africa has been on a ratings watch list, Maria Ramos recalls. But this time the costly ignominy of being downgraded to junk appears inevitable. Ramos, who was extremely close to the process last time (she was appointed director-general of the National Treasury in 1996) will only say "maybe" about our impending junk status.
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