Mail & Guardian
Mail & Guardian
investment gradelatest news & developments
The pandemic’s shock to the local economy was a big reason for the decision to downgrade the country to junk status.(Photo by MARCO LONGARI / AFP)
ANC

Long road ahead for South Africa to climb out of junk status

Economist don’t expect an upgrade anytime soon, but the country is in a better position to claw back its investment grade rating

  • Sarah Smit
6 min read