Government must keep its eye on the credit-rating target

07 April 2016 - 02:42 By The Times Editorial

As forces intent on removing President Jacob Zuma for his failure to uphold the constitution gathered strength yesterday, a chilling warning came from another quarter - Standard & Poor's.Cutting its growth forecast for South Africa this year to 0.8% - in line with the Reserve Bank - the credit rating agency said pressure on South Africa's sovereign rating came mainly from slow economic expansion.

This article is reserved for Sunday Times subscribers but, for a limited time, is free to read on our newly relaunched website.

To access the article, you only need to register – it’s quick and free. Already registered? Simply sign in below.

If you’ve already registered on the BusinessLIVE, Business Day, Financial Mail or Rand Daily Mail websites? Sign in with the same details.

Note: Login details from the former TimesLIVE/Sunday Times website are no longer valid. Please register again.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.

X