# Economists say South Africa could receive a credit ratings upgrade from major global agencies within the next year, following Moody’s improving the country’s outlook to positive. Analysts say upgrades could come after the medium-term budget in October, the local government elections in November, or next year’s national budget. Economists from Old Mutual Wealth and Citigroup say continued fiscal discipline, lower inflation and ongoing structural reforms will be crucial for South Africa to regain stronger investment confidence.
Economists see possible ratings upgrade for South Africa