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SAFTU says government must stop confusing approval from rating agencies with economic success [SOUND]

# The South African Federation of Trade Unions says government must stop confusing approval from rating agencies with economic success. In June, Fitch Ratings raised South Africa’s credit rating, citing stronger fiscal discipline and lower-than-expected debt, marking its first upgrade of the country in more than two decades. SAFTU’s spokesperson Asive Dyani says rating agencies may celebrate inflation reduction and budget surpluses, but these achievements mean little to workers who cannot find jobs or communities living with deepening inequality:

ENG DyaniONRatingAgencies