JOHANNESBURG, April 3 SP Global Ratings downgraded South Africa's sovereign credit rating to BB+ from BBB- grade on Monday, saying that the recent firing of the internationally respected finance minister posed a risk fiscal policy.
The rand fell by as much 2 percent to the dollar in response to the news of the downgrade, while government bonds also weakened sharply.
(Reporting by Mfuneko Toyana; Editing by James Macharia)
BRIEF-Covalon Q2 earnings per share C$0.02
* Q2 earnings per share C$0.02 Source text for Eikon: Further company coverage:
BRIEF-Partner Communications says Netflix, Partner collaborate in Israel
* Partner Communications announces Netflix and partner communications collaborate in Israel