Ratings: Foreign Currency: BB/Stable/B Local Currency: BB+/Stable/B For further details see ratings list. Despite upward revisions, South Africa's economic growth remains tentative, and the government's debt burden continues on a rising path. After the recent political transition, authorities are pursuing key economic and social reforms, but we consider the economic and social challenges the country faces as considerable. We are therefore affirming our foreign currency ratings at 'BB/B', our local currency ratings at 'BB+/B', and our national scale ratings at 'zaAA+/zaA-1+'. The outlook is stable. On May 25, 2018, S&P Global Ratings affirmed its 'BB/B' long- and short-term foreign currency sovereign credit ratings and its 'BB+/B' long- and short-term local currency sovereign credit ratings on South Africa. The outlook is
