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...
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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.
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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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