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You are here: Home / News / South Africa gets first credit rating upgrade in 20 years | SA News

South Africa gets first credit rating upgrade in 20 years | SA News

16 November 2025 by Guest

 ·15 Nov 2025

S&P Global Ratings lifted South Africa’s credit rating for the first time since 2005, citing the nation’s improving growth and fiscal trajectory.

The credit assessor upgraded the nation’s rating by a notch to BB, just two notches into junk. S&P kept a positive outlook on the nation as there’s potential for further improvement in fiscal metrics, according to a statement on Friday.

The ratings company said the reduction of liabilities from state-owned Eskom Holdings was due to the utility’s improved performance. The company has posted its…

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Reader Interactions

Comments

  1. Vixen

    23 September 2026 at 2:34 am

    Fun South African Fact: South Africa’s drinking water is rated 3rd best in the world for being “safe and ready to drink”.

  2. kazami of truth

    1 September 2026 at 10:23 pm

    If I agreed with you then we would both be wrong

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