This is what awaits South Africa if Moody’s cuts credit rating to junk

Posted in: Intellidex in the media on November 8, 2019


South Africa’s chances of avoiding a downgrade after the February budget are 50:50 and a cut could result in R73bn of outflows, says Peter Attard Montalto, Intellidex’s London-based head of capital-markets research. Featured on Bloomberg

Have your say.
Share your opinion

RELATED ARTICLES

PETER ATTARD MONTALTO: Basic income grant could hobble the poor forever

July 26, 2021

A basic income grant in South Africa could hobble the poor forever read more

STUART THEOBALD: Investment case remains intact despite the mayhem

July 19, 2021

This column is endowed with the responsibility to look at current events from an investment perspective. It is a cold and calculating task amid the personal tragedy and loss of life we saw last week.... read more

STUART THEOBALD: SAA deal is the next best for all parties

June 21, 2021

That is, if the deal — which was hammered out behind closed doors — can fly at all. read more