Fitch Ratings Agency has revised its outlook for South Africa to negative but kept its rating unchanged at BBB-.
Fitch has listed a number of issues, including increase in political risks and standards of governance, as factors to its decision.
It has predicted 1.3% GDP growth next year and 2.1% in 2018.
#BREAKING NEWS::: Fitch has changed its outlook for South Africa to negative but kept its rating at BBB- RW— EWN Reporter (@ewnreporter) November 25, 2016
Moody's rating agency is also expected to announce its outlook today.
This article first appeared on 702 : Fitch keeps SA credit rating unchanged