Kganyago Says South Africa May Avoid Moody's Cut With Reforms

The video discusses South Africa's credit rating, emphasizing the role of policymakers in maintaining it. It explores the potential consequences of a downgrade by Moody's, such as falling out of investment grade bond indices, investor sell-offs, and economic impacts like capital outflows and inflation. The current credit rating is stable, but risks remain, which are within the control of South African policymakers. Implementing Moody's recommendations could prevent a downgrade.

What role does Moody's play in the context of South Africa's credit rating?

What measures can be taken to stabilize South Africa's credit rating?