5 important things happening in South Africa today

Here’s what is happening in and affecting South Africa today:

  • Moody’s will announce its decision on whether or not to junk South Africa this week, with a planned announcement some time before Friday. While many have been optimistic that president Cyril Ramaphosa has done enough to avert a downgrade, economists and investors are taking a cautious approach. The uncertainty before the announcement has sent the rand back over R12 to the dollar. [General]

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5 important things happening in South Africa today