The financial district and port in Cape Town, South Africa. Photographer: Dwayne Senior/Bloomberg
SA Investing
Goldman predicts South Africa’s sovereign rating upgrade amid strong budget
South Africa eyes credit upgrade as fiscal performance surpasses targets
Key topics:
Goldman Sachs expects South Africa’s credit rating to be upgraded soon
Upgrade hinges on fiscal consolidation and meeting budget-deficit goals
S&P review set for Nov. 14; some see upgrade possible only in 2026
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By Ntando Thukwana