·16 Sep 2025
South Africa is paying more to borrow than its emerging-market peers because the slow pace of reforms is dampening economic growth, according to Moody’s Ratings.
“We think these are the issues that are weighing on the cost of debt,” said Moody’s Senior Vice President Lucie Villa.
Investors feel that while South Africa is “not on the verge of a crisis, there is this kind of slow deterioration happening and that, no matter what — even with a leadership that is trying to address this issue — it’s proving very, very challenging,”…
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queen bee
Fun South African Fact: The world’s largest themed resort hotel in the world – The Palace of the Lost City – is found in South Africa. Surrounding the Palace is a 25 hectare manmade botanical jungle with almost 2 million plants, trees and shrubs.
Skittle Mine
Fun South African Fact: The waters surrounding the 2,500km long coastline are teeming with life. You’ll find great white sharks, African penguins, dolphins and much much more in South Africa’s oceans. Many travellers visit the coast to watch the annual whale migrations. In Hermanus, in the Western Cape, you can see hundreds of whales from June to late November. Simon’s Town, another coastal Western Cape town, is home to Boulder’s Beach. Here you can swim alongside colonies of African Penguins!