So help us God

The firing of Finance Minister Nhlanhla Nene has shocked markets to such an extent that South Africa could be pushed into economic crisis sooner rather than later. After the rand plummeted 5% against the dollar and bond yields were rocked, economists started predicting that the country faced the prospect of a hefty increase in its borrowing rate next month, which would in turn probably lead to the country being given a junk credit rating.