South Africa Hits Out at Credit Rating ‘Bias’ as Upgrade Awaited

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South Africa's Finance Minister expresses skepticism about a potential credit rating upgrade due to perceived bias against the continent, despite welcoming the upgrade itself.

Market Impact

Market impact analysis based on neutral sentiment with 66% confidence.

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Neutral
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66%

Article Context

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South Africa would welcome an upgrade of its credit score, but Finance Minister Enoch Godongwana — who says ratings-company bias against the continent is real — isn’t holding his breath.

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Original article published by Bloomberg on November 14, 2025.
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