South Africa’s Finance Minister Pravin Gordhan is fighting to stave off a downgrade by ratings agencies. Siphiwe Sibeko/Reuters

South Africa is skating on thin ice as rating agencies weigh their options

South Africa has made some progress in fixing problems identified by ratings agencies. But there are a number of outstanding issues that might mean the country is given ‘junk’ status.
Markets plunged after the UK voted to exit the EU. Africa’s trade relations with both the EU and UK will be affected by the decision. Reuters/Kevin Coombs

African exporters face choppy waters in the wake of Brexit

Emerging market countries that rely heavily on commodity exports will be hit hardest by Britain’s decision to leave the European Union.

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