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Junk Rating for South Africa Might Be Hours Away and Last Years

  • S&P Global Ratings scheduled to release review on Friday
  • Fitch changed outlook on assessment to negative last week
Photographer: Shiraaz Mohamed/Anadolu Agency via Getty Images
Updated on

South Africa might be just hours away from losing its investment grade at S&P Global Ratings -- a relegation that could take years to undo.

QuickTake South Africa