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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This article first appeared on 702 : Can South Africa avoid a downgrade this year?