Can South Africa avoid a downgrade this year?

Financial adviser at Galileo Capital, Warren Ingram, says South Africa must take heed of concerns raised by rating agencies Moody's and S&P Global Ratings to avoid downgrade this year.

Both Moody's and S&P did not downgrade the country but said South Africa is on the watch-list.

They already said last year that we are on a negative outlook, which means we already on a sort of a watch list and they expecting things to deteriorate for us.

Warren Ingram, financial adviser at Galileo Capital

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Standard & Poor’s Global will today announce whether it is downgrading South Africa and analyst predicts it will remain unchanged.

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Brett Birkenstock, Overberg Asset Management director says it seems like some members of government want control over SOEs.

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Is the grass really greener? SA’s political uncertainties put into perspective…

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Rating Agencies circle…two down one to go.

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