Government must keep its eye on the credit-rating target
07 April 2016 - 02:42
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.
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