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south africa's economic recovery may prompt upgrade of junk-rated debt

Morgan Stanley anticipates that South Africa's improving economic outlook will enhance its fiscal metrics, potentially leading to an upgrade of its junk-rated debt. Positive sentiment has surged following the African National Congress's coalition with business-friendly parties after losing its parliamentary majority for the first time since 1994.
bloomberg.com
South African Rand RMB Morgan Stanley Pty Ltd. Morgan Stanley ZAF
Finance & Economy, Market Report
12:34 28.10.2024
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