South Africa received some welcome news after the credit ratings agency S&P decided to upgrade both SA’s foreign currency long-term sovereign credit rating to ‘BB’ from ‘BB- ‘and local currency long-term sovereign credit rating to ‘BB+’ from ‘BB’. Its outlook remains positive. Another agency, Fitch affirmed South Africa’s sovereign rating at BB- with a stable…
read more
Is South Africa still an attractive investment destination?
https://www.frontlineafrica.co.za/wp-content/uploads/2025/09/Is-South-Africa-still-an-attractive-investment-destination-1.jpg
800
800
Frontline Africa Advisory
//www.frontlineafrica.co.za/wp-content/uploads/2023/07/FAA-LOGO.png
Recently a number of multinational corporations, such as ArcelorMittal South Africa, Glencore, Rio Tinto, and Goodyear have announced either exits or large-scale downsizing of their South African operations. While the reasons cited range from global restructuring to sector-specific challenges, common themes emerge: declining profitability in the local market, energy insecurity, infrastructure backlogs, and regulatory uncertainty.…
read more

