Next South African government has tough reform job, Moody’s says

South Africa may struggle to make much more progress on resolving the country’s longstanding challenges if a coalition government emerges after elections this month, Moody’s Investors Service cautioned. “These include stimulating years of sluggish economic growth, curbing chronic power shortages and reducing very high unemployment,” said Aurelien Mali, vice president – senior credit officer at Moody’s. “The current government has made incremental progress on these issues.”

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