16 Apr 2018
SA government responds to R&I rating action
By Janice Roberts
Government notes and welcomes Japan-based R&I’s decision to affirm South Africa’s long term foreign currency debt rating at ‘BBB’ and local currency debt rating at ‘BBB+’ and to also revise the outlook to stable from negative. The action notably confirms the sovereign as an investment grade credit. This is according to a statement issued by...
