How Pravin Gordhan’s fight to stave off a ratings downgrade is going

The Money Show’s Bruce Whitfield interviewed London-based Peter Attard Montalto, Emerging Markets Economist at Nomura.

Montalto gave news about how the Pravin Gordhan delegation is doing.

He also touched on who is attending and what the feedback from them is.

Scroll down for quotes from the audio below.

Investors are sceptical about the ability to deliver structural reform.

Peter Attard Montalto, Emerging Markets Economist at Nomura

The view is that a downgrade is inevitable.

Peter Attard Montalto, Emerging Markets Economist at Nomura

S&P seems very bearish on South Africa’s ability to deliver structural reforms.

Peter Attard Montalto, Emerging Markets Economist at Nomura

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : How Pravin Gordhan’s fight to stave off a ratings downgrade is going


Recommended

by THE NEWSROOM

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Cape Town is set to make history and headlines around the world on 21 April 2018

Cape Town is set to make history and headlines around the world on 21 April 2018

For centuries it had abundant water supplies. That's over. Bruce Whitfield interviews Future Water Institute’s Dr Kevin Winter.

5 business building habits to develop for 2018

5 business building habits to develop for 2018

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis.

Strategies for reducing your exposure to Naspers

Strategies for reducing your exposure to Naspers

Naspers constitutes a whopping 20% of the Top 40 index. Bruce Whitfield interviews Personal Financial Advisor Warren Ingram.

A step-by-step look at what will happen if Moody’s downgrades SA to “junk”

A step-by-step look at what will happen if Moody’s downgrades SA to “junk”

We look to Brazil and the dire consequences it’s now dealing with after being downgraded to “junk”.

Will Pravin Gordhan's budget save SA from downgrade?

Will Pravin Gordhan's budget save SA from downgrade?

Finance Minister is set to table the 2016 budget, which some commentators say is the country's toughest one in decades.

Pravin Gordhan meets with 60 CEOs about how to avoid a ratings downgrade

Pravin Gordhan meets with 60 CEOs about how to avoid a ratings downgrade

The Money Show’s Bruce Whitfield interviewed Peter Bruce, Editor-in-Chief of Business Day and Financial Mail.

Popular articles
[WATCH] Grootes's take on why EFF silent on Dlamini's SABC interview

[WATCH] Grootes's take on why EFF silent on Dlamini's SABC interview

702 Afternoon Drive host Stephen Grootes's comment involves past dealings that involve EFF national chair, Advocate Dali Mpofu.

Punitive tariff hike for water guzzlers to hit CT households where it hurts

Punitive tariff hike for water guzzlers to hit CT households where it hurts

Harsher punitive tariffs on the cards as 'Day Zero' becomes a reality as the result of 60% of Capetonians who ignore water limits.

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Bruce Whitfield interviews La Grange about her and Madiba's attitude to money (hopes and fears, successes and failures, etc.)

WATCH: Innovative spray limits toilet flushes and saves water

WATCH: Innovative spray limits toilet flushes and saves water

Loo Me is a simple yet effective scented foam that takes the yuck out of "mellowing" toilets preventing multiple flushes.

I was not introduced to Ajay Gupta - Grootes

I was not introduced to Ajay Gupta - Grootes

Stephen Grootes says he believes former Eskom CEO Brian Dames when said he was not formally introduced to the Gupta family.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.