S&P upgrades South Africa for first time in nearly 20 years as reforms gain traction

November 16, 2025 By: Alfred0 comments

<p><img src=”https://biz-file.com/c/2511/794771-240×135.jpg?5″ width=”240″ height=”135″ alt=”Source: Reuters.” align=”left”><br><span >Source: Reuters.&lt;/span><p>South Africa on Friday, 14 November 2025 secured its first credit-rating upgrade in nearly 20 years after S&P Global raised the country’s foreign-currency long-term sovereign rating to “BB” from “BB-“, citing stronger growth prospects, an improving fiscal outlook and reduced contingent liabilities following better performance at state power utility Eskom.</p><br> <a href=”https://www.bizcommunity.com/article/sp-upgrades-south-africa-for-first-time-in-nearly-20-years-as-reforms-gain-traction-730442a”>Read more…</a> | <a href=”https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=263352″>Email</a></p><div style=”clear:left”></div>