Home / ZA Top News in South Africa Regions / News24.com | Moody’s and Fitch both cut SA further into junk on Covid-19 economic shock, rising debt

News24.com | Moody’s and Fitch both cut SA further into junk on Covid-19 economic shock, rising debt

November 20, 2020

Two major credit rating agencies have further downgraded their assessment of SA’s sovereign debt, meaning SA’s borrowing costs may rise.