South Africa’s Covid-19 and junk status conundrum
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South Africa’s Covid-19 and junk status conundrum

When it rains it pours, in describing South Africa’s current socio-economic predicament, never has a phrase been more apt. In fact, it’s not only pouring, but Africa’s most industrialised economy runs the risk of being swept away by a tsunami that will take years to recover from. The Covid-19 crisis coupled with a credit ratings…