SA gets its first credit upgrade in 20 years.
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For the first time in two decades, South Africa has been handed a long-awaited credit rating upgrade and it’s more than just symbolic. We speak to Sanisha Packirisamy, Chief Economist at Momentum Investments, to unpack what S&P’s move really means for the economy, for investors, and for every South African household.
From stronger fiscal numbers and a stabilising debt path, to improved confidence in the post-greylist, load-shedding-free era, the upgrade signals a country turning a corner.
From stronger fiscal numbers and a stabilising debt path, to improved confidence in the post-greylist, load-shedding-free era, the upgrade signals a country turning a corner.
