Moody’s Investors Service has placed the city of Johannesburg under negative watch, paving the way for a possible downgrade of its rating, in the context of a gradual weakening of the finances of South Africa’s main economic metropolis. The city, currently rated Ba3, is already significantly in speculative grade. Moody’s decision reflects growing concerns about…...
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South Africa: Moody’s places Johannesburg under negative outlook
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
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