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Moody’s Warns of Risks to South Africa Debt Ratings

  • Moody’s sees nation’s debt ratios being worse than budgeted
  • Country to face supply-side constraints from unreliable power
Rand Bears in Ascendance as Risks Stack Up From Moody's to Poll
Photographer: Simon Dawson/Bloomberg
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South Africa may struggle to hang on to its sole investment-grade credit rating if economic growth persists at weak levels and if government debt and risk from state-owned companies rises, Moody’s Investors Service said.