Allianz Trade Risk Atlas gives SA rating upgrade

JOHANNESBURG - South Africa has been given a risk rating upgrade by International insurance company, Allianz Trade. The company recently released its first Country Risk Atlas and investigated the major issues the country faces.

Senior Economist for Africa and Middle East, Luca Moneta says that South Africa is among 21 countries that showed resilience despite global shocks.

Only four countries saw their rating downgraded.