Be proactive to avoid a downgrade warns S&P
On 3 June, ratings agency S&P announced that it would not be changing its investment grade outlook for South Africa. This is a major boost for the country as we face tough economic challenges and disappointing GDP growth. But does this mean that we are out of the woods and that we can return to business as usual? With another ratings assessment looming towards the end of the year, economists are full of advice on how to toe the line.