Tuesday, 4 April 2017

South Africa’s junkies rating worry insurers

by MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – THE insurance sector in South Africa has bemoaned the downgrading of the country’s long term foreign currency rating to BB+, commonly known as sub-investment or junk status. The downgrade by Standard & Poor Global Ratings is the aftermath of a contentious cabinet reshuffle by President Jacob Zuma. The […]

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