Gordhan Hopeful of Avoiding Moody's South African Downgrade

  • Finance minister meeting U.K. and U.S. investors this week
  • Moody's placed economy on review for credit-rating cut

South African Finance Minister Pravin Gordhan said he’s hopeful officials can convince Moody’s Investors Service that structural reforms and other actions to shore up finances are enough to avoid a credit-rating downgrade.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.