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Fitch lifts South Africa rating in first upgrade in two decades

6 Jun 2026, 09:23 GMT By editorial@africanews.com (Rédaction Africanews)
Fitch lifts South Africa rating in first upgrade in two decades
Credit: editorial@africanews.com (Rédaction Africanews)

Fitch Ratings raised South Africa's credit rating on Friday, citing stronger fiscal discipline and lower-than-expected debt, marking its first upgrade of the country in more than two decades.