BREAKING: SA’s sovereign credit rating downgraded to junk status

S&P Global Ratings cut South Africa’s sovereign credit rating to junk status on Monday following an emergency meeting over the weekend. The ratings agency decided the economic crises President Jacob Zuma plunged the country into with his midnight cabinet reshuffle on March 31 was too severe to wait until June 2 for its next scheduled … Continue reading BREAKING: SA’s sovereign credit rating downgraded to junk status