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Tag: Fitch

Moody’s and Fitch send warning to South Africa

Moody’s Investors Service has warned that slightly lower deficits won’t prevent debt rising in South Africa, as downside risks remain elevated in the country. The...

Fitch downgrade pushes Eskom further into junk

Eskom’s mounting debt woes are posing the risk of crippling the country’s stagnant economy further as the power utility’s credit rating has been pushed...

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