OnDigital SEO Company South Africa
Africa      Breaking News      Business      International      News Headlines      Opinion      Politics      Sport      World Headlines     

Five SA banks downgraded by Moody’s, Lesiba Mothata reacts

June 13, 2017 7:41 pm

The downgrade of the top five South African banks’ ratings will lower South Africa’s creditworthiness and make financing harder and more expensive to source. That’s according to the Banking Association of South Africa. The organisation says the move will have knock-on effects for all South Africans, especially the poor.

For more news, visit: http://www.sabc.co.za/news

Tags: , , , , , , , , , , , , , ,

Categorised in:

Do NOT follow this link or you will be banned from the site!