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Rating SA during the COVID-19 pandemic

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S&P Global has downgraded South Africa deeper into junk status. The rating agency now has the country at two rungs below investment grade, due fears around COVID-19 and its impact on the economy. Fitch on the other hand as downgraded five of our local banks. Business Day TV spoke to Ravi Bhatia, Director and lead analyst for SA's sovereign ratings at S&P Global and Mahin Dissanayake, Senior Director at Fitch Ratings for more on the moves that have been made.
30 Apr 2020 2AM English South Africa Business · Business News

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