South Africa Eyes Potential Upgrade

South Africa eyes potential upgrade

South Africa may be on the brink of securing its first credit rating upgrade in almost two decades — a development that would cut the cost of borrowing and cement investor confidence around policy changes in Africa’s biggest economy.South Africa has been rated as sub-investment grade by all the main rating agencies since 2020, but analysts say S&P Global may see grounds for an upgrade to BB, from BB-, when it delivers its latest sovereign rating…

South Africa hits out at global credit rating 'bias'

SA gets first credit upgrade in 20 years

SA gets first credit upgrade in 20 years Ntandoyenkosi… Sat, 11/15/2025 - 11:05 JOHANNESBURG - After spending years stuck in junk status, the country is finally earning renewed confidence from global markets.S&P Global has raised South Africa’s foreign-currency long-term rating,citing stronger economic growth prospects, tighter debt management,and an improved fiscal outlook.The agency says reduced risks at state power utility Eskom, have h…

South Africa hits out at global credit rating ‘bias’ – Bloomberg - The Press United

Pretoria’s finance minister says Western assessments fail to reflect the continent’s economic fundamentals Major global rating agencies have demonstrated a “bias” against African countries by giving them lower credit scores compared to peers with similar fiscal metrics, South Africa’s finance minister has told Bloomberg. Enoch Godongwana’s comments come a day after he delivered a budget […] The post South Africa hits out at global credit rating …

South Africa eyes first ratings upgrade in nearly two decades

Moody's removed South Africa's last investment-grade status in March 2020