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

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


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