Today's Big Stories

Why the Hawks-Gordhan saga is hurting SA's economy

The tensions between Finance Minister Pravin Gordhan and the Hawks could have a negative impact on the country's economy.

Moody's ratings agency officials arrive in South Africa today to review a possible downgrade, and EWN's Stephen Grootes says the public spat does not give a good impression.

If I was Moody’s ratings agency officials landing this morning and seeing all of this, I wouldn't think the country is united in trying to avoid a downgrade.

Stephen Grootes, CapeTalk and 702 presenter

Grootes says, while Hawks boss Berning Ntlemeza continues to put pressure on Gordhan, President Jacob Zuma's silence is a curious matter.

This will go to questions about leadership. With officials fighting as they are... someone's got to knock some heads together and say 'knock it off!', but that's not happening at this point.

Stephen Grootes, CapeTalk and 702 presenter

Listen to the full conversation from CapeTalk's Breakfast with Kieno Kammies:


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