A turnaround that investors have bet on in South Africa is coming true — at least in the nation’s credit outlook.
Browsing: Razia Khan
The most pivotal South African election in decades is already turning the tide of the country’s financial markets.
South Africa has strong institutions that can buttress its economy, the head of research at Standard Chartered Bank said.
South African inflation quickened more than expected in October, approaching the upper end of the Reserve Bank’s preferred range.
President Cyril Ramaphosa announced 10 changes to his cabinet, including the appointment of close political ally Enoch Godongwana as his new finance minister.
South Africa’s rand headed for its biggest weekly slide since 2015, after the firing of finance minister Pravin Gordhan raised concerns about the country’s fiscal path and its investment-grade credit rating. President Jacob