SA’S JUNK CREDIT STATUS MIXED BAG FOR SOUTH AFRICAN FARMERS
South Africa’s credit downgrade by the American credit rating agency, Standard and Poor’s (S&P) to BBB-, otherwise known as junk status, is potentially bad news for South African farmers, but there is a silver lining for exporters. According to Wessel Lemmer, senior economist at Absa Agribusiness, the sovereign downgrade by international credit agencies will lead to a […]