Moody's to meet SA stakeholders over downgrade

Finance Minister Pravin Gordhan on Wednesday (09/03/2016) said the country may be able to avoid a ratings downgrade. He told 702’s John Robbie that the Moody's rating agency had placed the country “on review for a downgrade”. Gordhan a delegation from Moody's would meet with South African stakeholders for three days – from March 16 - before making a final decision.

subscribe