South Africa not envisaging downgrade from S&P and Fitch: minister

South Africa's government does not expect a downgrade from ratings agency Fitch and Standard and Poor's, cabinet minister Jeff Radebe said on Monday, following Moody's decision not to downgrade the country's credit rating. Fitch and Standard & Poor's have Africa's most industrialised country just one notch above subinvestment grade, and are due to make their decbisions in June. Moody's issued a statement late on Friday that left its rating of South Africa's debt at Baa2, two levels above sub