16 Oct 2020

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

Londiwe Buthelezi

Share your Subscriber Article

You have 5 articles to share every month. Send this story to a friend!

Loading, please wait...

0:00

The 2020 Absa Africa Financial Markets Index showed that South Africa improved its overall score to 89 from 88 in 2019.

owngarden/getty

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.

Read this for free

Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

Already a subscriber? Sign in

Next on Fin24

MONEY LIVE | Raubex chair Freddie Kenney resigns

05 Aug