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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