Brace for volatile festive season‚ economists warn

13 December 2015 - 16:58
By TMG Digital

Hold on to your hats. It’s going to be a volatile festive season‚ economists warn. FNB Economists‚ Alex Smith and Mamello Matikinca point out that the surprise redeployment of Finance Minister Nhlanhla Nene sent SA markets into a tailspin last week.These moves were exacerbated by the decision the week before by Fitch to downgrade SA’s sovereign credit rating to one notch above junk status (with a stable outlook).

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