As South Africa has braced itself for a possible sovereign credit downgrade, more and more South African companies are taking less risk and credit. Corporate bond sales in Q2 fell 15% year on year compared with a 10% decline across emerging markets.

Bruce Whitfield pre-empts the cost of South Africa’s sovereign credit downgrade to the local market and the economy at large. Join Bruce and his guest, Mohammed Nalla, Head of Strategic Research at Nedbank Corporate & Investment Bank for more.

 

Source: CNBC Africa

Source URL: https://www.youtube.com/watch?v=guFYImV6vn4