Moody’s Ratings believes that the latest South African budget confirms a credible improvement in the country’s budgetary position, while warning that a “significant” reduction in public debt will require more sustained economic growth. According to Evan Wohlmann, Senior Vice President of Credit at Moody’s, the budget “confirms South Africa’s strong budget performance”, driven by revenue…...
Trending
- Temas facilitates a 25 million euro loan agreement with Afriland First Bank Cameroon
- Geneva to Host the Ethical Finance Forum 2026 in One Week: Africa and Europe Confront the Challenge of Islamic and Ethical Finance
- BRVM: BIIC drops by 15.83% after a week of profit-taking
- Nigeria: A.P. Moller Capital sells Powergas to Ardova Plc to accelerate the development of compressed natural gas
- Senegal: a poor country enjoying the privileges of a rich country
- Ivory Coast: Sidy Cissé appointed CEO of CDC-CI
- Daily African Financial Markets
- Ian Ferrao, CEO of Airtel Money: “Our listing on the London Stock Exchange will give us more flexibility to support our growth in Africa”
South Africa: Moody’s approves budget, debt under pressure
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.
Add A Comment
About us
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….
Contact us: redaction@financialafrik.com