african-news-header

Multimedia

multimedia

 

Monday, 18th March 2019
5:46:14pm

There has not been any negative development for South Africa’s sovereign rating since Moody’s last pronouncement on the creditworthiness of the country, central bank governor Lesetja Kganyago said on Friday.

Moody’s is the last of the top three ratings firms to have Pretoria’s long-term foreign-currency debt at investment grade.

“I have not seen anything that is credit-negative that has developed since Moody’s last pronouncement on our credit rating,” Reserve Bank Governor Lesetja Kganyago told Reuters at the World Economic Forum.

“(Nothing) has developed that would lead us to say the following risks have materialized and as such the rating is at risk,” he said in an interview.

-Reuters

About us

African News Centre is an online media company, which strives to bring you the very latest African news.

Contact us

If you have any contributions contact us on email: This email address is being protected from spambots. You need JavaScript enabled to view it.
African News Centre | Postal Address | P.O Box 9713 | Eros | Namibia | 9000