South Africa counts down to last rating agency announcement today

Investment Solutions chief economist, Lesiba Mothata, says Standard & Poor’s Global is likely to keep South Africa's rating unchanged.

S & P Global is the final assessment by a major ratings agency.

It seems like the consensus view in the market, are that Standard & Poor’s will leave it unchanged.

Lesiba Mothata, Investment Solutions chief economist

Fitch Ratings Agency revised its outlook for South Africa to negative but kept its rating unchanged. It listed a number of issues, including increase in political risks and standards of governance, as factors in its decision.

Moody’s Ratings Agency also kept its rating for South Africa unchanged.

Listen to the audio below to hear what will happen if S & P Global downgrade South Africa...

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