Economics
South Africa May Lose Moody’s Stable Outlook. But It’s a Close Call
- Of 17 economists, 9 forecast a change to a negative outlook
- Finance minister will present medium-term budget on Oct. 30
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South Africa’s tenuous hold on the stable outlook on its sole investment-grade credit rating may slip with Finance Minister Tito Mboweni expected to show a marked deterioration in the state of the nation’s finances this week.