South Africa Aims to Regain Investment-Grade Credit Rating in Two Years

South Africa’s Finance minister Enoch Godongwana says the country could be able to regain its investment-grade credit rating within two years. The country obtained a full house of junk ratings in 2020, when Moody’s Ratings downgraded its debt assessment, leaving it without an investment-grade evaluation for the first time in 25 years. In an interview with the SABC at the World Economic Forum in Davos, Godongwana says the government is focused on implementing structural reforms to lift the country’s potential economic growth rate: