Africa Editor at The Economist in London Jonathan Rosenthal often told investors that they need not worry about South Africa's finances because of a strong South African Reserve Bank and Finance Ministry.
“I was wrong,” he now says.
The Money Show’s Bruce Whitfield interviewed Rosenthal.
Scroll down for quotes from the audio below.
This was not a positive move at all.— Jonathan Rosenthal
We’ve had great Finance Ministers and fantastic Sarb governors.— Jonathan Rosenthal