You made economics political, Mr President

27 November 2016 - 02:03
By RON DERBY

Someone should correct the president. Ratings and South Africa's battle to avoid sliding into junk status became politicised the moment he fired his finance minister without warning in December 2015. Until that moment, the country's history of prudent fiscal management - more prudent than that of our emerging-market peers - had bought it some favour in capital markets.

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Please visit SundayTimes.co.za in your desktop to view our latest subscription options.

Already subscribed? Simply sign in below.

Sign In

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