HBDO affirms #SouthAfrica at ‘bbb’; Outlook Negative– EOL® Synthetic Rating Index

South Africa rated at ‘bbb’/ Investment grade; Outlook Negative. For each EOL indicators, South Africa gets :  ‘b’ on quality of Entrepreneurship,  ‘b’ on ease of conducting Operations, ‘b’ on quality of the Legal and regulatory framework. The last quaterly maintenance confirms an outlook negative.