Tag Archives | South Africa’s debt ratings

JUNK

Junk status: South Africa’s SMEs in tight corner

The recent downgrade of South Africa’s sovereign credit rating to junk status by Standard and Poor’s (S&P) and Fitch means that lending and seeking loans will become more costly for both local consumers and businesses, as interest rates and costs rise to adapt to this new volatile economic environment, an expert warned last week. Local […]

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