Tag: S&P Global Ratings
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South Africa: Ratings Upgrade and Rate Cut Likely After MTBPS
South Africa Eyes a Dual Policy Shift: Ratings Upgrade and Possible Rate Cut South Africa’s economic outlook could tilt in a favorable direction this week as investors await a potential credit rating upgrade from S&P Global Ratings and a possible interest rate cut at the upcoming monetary policy committee (MPC) meeting. The trigger for both…
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SA Could See Rating Upgrade and Rate Cut as Inflation Eases
South Africa Eyes a Dual Lift: Rating Upgrade and Possible Rate Cut South Africa could be on the cusp of a financial moment that would bolster investor confidence and ease borrowing costs. Market chatter ahead of Friday centers on a potential upgrade to the country’s credit rating by S&P Global Ratings, paired with expectations of…