Business In The News South Africa

Famous Brands says junk status will harm business and consumer confidence

JOHANNESBURG, May 29– Famous Brands said on Monday that the downgrade of South Africa’s sovereign credit rating to sub-investment status would harm business and consumer confidence. Famous Brands said its management does not envisage an improvement in the home market economy in the near future. Notwithstanding this context, Famous Brands said it will remain strongly […]