What downgrade of SA economy means for fiscal policy

Ratings agencies have downgraded South Africa's economy on the back of several changes in the finance cluster, which saw markets react negatively.

Sumitra Nydoo on Thursday spoke to Lesiba Mothata, the chief economist at Investment Solutions, on what this means for the country's fiscal policy.

Listen to the conversation below:

The minister has done a good job of talking, which was needed, because there was confidence that was needed... he needed to talk the right rhetoric, but now they've put themselves under huge scrutiny.

Lesiba Mothata, chief economist at Investment Solutions

This article first appeared on 702 : What downgrade of SA economy means for fiscal policy


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