Moody’s Outlook Upgrade
Moody’s upgraded South Africa’s credit rating outlook from stable to positive on 22 May, while keeping the country’s foreign-currency credit rating unchanged at Ba2. The ratings agency cited gradual improvements in the country’s fiscal position, together with continued progress on structural reforms, as key reasons for the more optimistic outlook.
November elections bring local & global politics into focus
The coming months will be shaped by several important policy developments, both locally and internationally. In South Africa, inflation is likely to rise before moderating,