Latest / Polity Audio Articles
South Africa on path to investment-grade rating, Investec says
South Africa on path to investment-grade rating, Investec says
South Africa stands a good chance of regaining its investment-grade credit rating within two years and next week's mid-term budget could take another step toward that goal, according to Investec Wealth & Investment International.
The fund manager sees a more than 50% chance the country will restore its investment grade rating by 2028, propelled by economic reforms and fiscal discipline that have shifted sentiment after years of being shunned by investors.
"A sufficiently credible medium-term budget policy statement could support…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.