by Ultrafin Financial Services | 26 Mar 2018 | Blog, Investments
Cape Town – Ratings agency Moody’s on Friday night kept South Africa’s sovereign debt at above investment grade, and changed its outlook to stable. The announcement was made at 23:35. “The confirmation of South Africa’s ratings reflects...
by Ultrafin Financial Services | 12 Jun 2017 | Blog
South Africa avoided being downgraded to junk by Moody’s. Instead the ratings agency downgraded the country one notch with a negative outlook. It is now one notch above sub-investment grade or junk status. London, 09 June 2017 — Moody’s Investors Service today...