Moody's analyst says SA's credit rating remains at risk without effective policies to reverse low growth, steadily rising debt and leveraged state-owned enterprises
Villa said the new cabinet will need to raise growth, reverse SA's rising debt trajectory and rebuild its institutions"following the years of misgovernance by the Zuma administrations".
"Fading prospects of policies that will sustain fiscal and economic strength, alongside any signs of diminishing resilience to shocks, would put downward pressure on the country's rating," Villa said.
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