{"id":35864,"date":"2026-05-30T15:53:13","date_gmt":"2026-05-30T13:53:13","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=35864"},"modified":"2026-05-30T15:53:13","modified_gmt":"2026-05-30T13:53:13","slug":"global-ratings-agency-maintains-sas-double-b-rating-keeps-positive-outlook","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/global-ratings-agency-maintains-sas-double-b-rating-keeps-positive-outlook\/","title":{"rendered":"Global ratings agency\u00a0maintains SA\u2019s double-B\u00a0rating, keeps positive outlook"},"content":{"rendered":"<p>Global ratings agency, Standard &amp; Poor\u2019s (S&amp;P) has maintained the South Africa\u2019s (SA) sovereign credit rating at double-B, keeping its outlook positive.<\/p>\n<p>\u200bThe agency expects improved tax collections and strict spending controls to speed up fiscal consolidation through 2029. This is expected to reduce government debt as a percentage of Gross Domestic Product (GDP).<\/p>\n<p>\u200bS&amp;P also praises the government\u2019s stronger revenue performance. It says that the extra funds allowed the state to shield vulnerable households and also helped introduce recent temporary fuel levy relief without damaging its long-term financial health.<\/p>\n<p>\u200bThe SA&#8217;s National Treasury has welcomed the decision, which stands out after several global peers faced downgrades due to ongoing conflict in the Middle East.<\/p>\n<p>\u200bLast week, Moody\u2019s upgraded SA\u2019s economic outlook to positive.<\/p>\n<p>&#8211;SABC&#8211;<\/p>\n","protected":false},"featured_media":35452,"template":"","meta":{"_acf_changed":false},"news-type":[78,44],"class_list":["post-35864","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-featured","news-type-finance","entry"],"acf":{"short_description":"\u200bLast week, Moody\u2019s upgraded SA\u2019s economic outlook to positive.","published_date":"","news_description":"\u200bLast week, Moody\u2019s upgraded SA\u2019s economic outlook to positive.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/35864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/35864\/revisions"}],"predecessor-version":[{"id":35865,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/35864\/revisions\/35865"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/35452"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=35864"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=35864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}