Subscribe to the bi-annual report
  • This field is for validation purposes and should be left unchanged.
Assessing and promoting civil and minority rights in South Africa.

[Source: Business Day.]

Ratings agency Moody’s announced on Monday that it would be retaining its negative outlook on the South African banking system.

Moody’s said it expected the sector to remain under pressure for the next 12-18 months, due mainly to “weak operating conditions”.

It said as a result of the “volatile and unpredictable” political climate in SA, reduced business and consumer confidence would lead to sluggish economic growth.

Continue reading here.

South Africa at a Glance
57 700 000 (mid 2018 estimate)
4.4% y/y in April 2019 (CPI) & +6.5 y/y in April 2019 (PPI)
-3.2% q/q (1st quarter of 2019)
More information: Click here!