The country - and Zuma's - fate lies in his next big move

29 February 2016 - 02:31
By The Times Editorial

South Africans heaved a collective sigh of relief on Wednesday when Treasury veteran Pravin Gordhan presented a measured Budget designed to save the country from a potentially devastating credit downgrading to ''junk'' status.Though the initial reaction to the Budget was lukewarm - amid concerns that Gordhan had not cut enough state fat or introduced sufficient pro-growth measures - by Thursday there were signs that the market was favourably reviewing its position.

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