moodys

How to build an inclusive South African economy

Moody's recently downgraded its rating of South Africa's economy, but that should not prevent the country from planning for the long term. The idea of long-term goals rather than a short economic cycle had currency at a debate on building an inclusive economy, where the example of Germany's reunification was also flown.

Moody’s rating: South Africa has plans to revive economy

South Africa is implementing measures to revive the economy after rating agency Moody’s downgraded the country’s credit rating. On the positive side, the ratings agency revised the country’s credit outlook from negative to stable, reflecting government’s commitment to fiscal discipline.