Can we TRUST credit rating agencies?
"Downgraded to Junk status!", "SA's credit rating moves to BB-" - we hear these phrases in news cycles but what do they actually mean? What are credit rating agencies and can we trust them?
"Downgraded to Junk status!", "SA's credit rating moves to BB-" - we hear these phrases in news cycles but what do they actually mean? What are credit rating agencies and can we trust them?
We put this question to friend of FAN and Analyst at the Centre for Risk Analysis, Bheki Mahlobo, as well as John Endres, the Chief of Staff at the Institute of Race Relations.
Watch here: