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Downgrade: Where to now?

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Johannesburg - The effect on investor confidence in South Africa is the main concern arising from the downgrading of the country’s credit rating by S&P Global and Fitch Ratings to “junk” status this week, following President Jacob Zuma’s Cabinet reshuffle.

This is because investor confidence will affect economic growth and employment.

The results of the downgrade will only become clear in the weeks and months ahead.

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