Junk downgrade highlights risks to economy - report

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Cape Town – S&P Global Ratings' decision late on Monday to slash South Africa’s sovereign credit rating to junk status has highlighted the major risks facing South Africa over the next decade, said Andrew Amoils, wealth analyst at New World Wealth.

READ: How will SA climb out of wealth trap?  

According to the latest wealth report on South Africa, published by global market research group New World Wealth, a number of factors can be regarded as significant risks in the country. 

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