South Africa’s recent credit-rating upgrades are a strong endorsement of government policy and show the nation can restore its coveted investment-grade status if it stays on track, said the National Treasury chief. “This is a clear change of direction in our ratings trajectory after more than a decade of negative ratings news,” Duncan Pieterse wrote in an op-ed published on News24 Thursday. “It could ultimately see South Africa regain its investment grade status — if it continues to do the right things on fiscal and economic policy.”

South Africa’s recent credit-rating upgrades are a strong endorsement of government policy and show the nation can restore its coveted investment-grade status if it stays on…

The South Africa Fitch upgrade of June 5, 2026 lifted the country from BB- to BB, its first in 21 years and a notch closer to investment grade.

Fitch Ratings has upgraded South Africa's credit rating for the first time in 21 years, reflecting improved fiscal discipline. However, experts warn that businesses should brace…