Creditworthiness

latest news & developments

A member of the Durban Metro Police looks at a looted retail store in central Durban, on July 11, 2021. – Several shops are damaged and cars burnt in Durban, following a night of violence. Police are on the scene trying to control further protests. It is unclear if this is linked to sporadic protests following the incarceration of former president Jacob Zuma. (Photo by – / AFP)

Unrest’s economic hit is likely temporary, but risk of fiscal strain mounts — Fitch

The ratings agency warned that South Africa’s public finances could be affected if the government reacts to the riots by easing fiscal policy

Sarah Smit