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SA financial market has held its own during Covid-19 crisis - but for how long?

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The 2020 Absa Africa Financial Markets Index showed that South Africa improved its overall score to 89 from 88 in 2019.
The 2020 Absa Africa Financial Markets Index showed that South Africa improved its overall score to 89 from 88 in 2019.
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Despite the Moody's downgrade earlier this year, the country's GDP contracting by 16.4% on annualised basis in the second quarter, and banks' reporting record credit impairments, South Africa's financial system remains the strongest on the continent.

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