S&P affirms positive outlook on South Africa
Source: Reuters
Nov 18 (Reuters) - S&P Global Ratings on Friday maintained its positive outlook on South Africa, as the agency expects that a net external creditor position and the implementation of some structural reforms could lead to an easing of economic pressures.S&P in May upgraded its outlook to positive from stable, citing an improved fiscal trajectory."Higher-than-expected government revenue has supported the fiscal…
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