We're not junk yet as Moody's cautions SA

'Negative outlook' move by ratings agency could herald worse news

03 November 2019 - 00:00 By ASHA SPECKMAN and HILARY JOFFE

Ratings agency Moody's has set the clock ticking on a downgrade to junk status for SA.

Its decision late on Friday to put SA's rating on "negative outlook" puts pressure on finance minister Tito Mboweni to deliver a more convincing budget in February than the shock deterioration he outlined in this week's medium-term budget...

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