The Sarb expects a downgrade to ‘junk’. What’ll (probably) happen to the rand…

South Africa faces a medium to high probability of a downgrade to non-investment status, according to the SA Reserve Bank.

Ray White interviewed Kaon Capital CEO Brigid Taylor on The Money Show.

Taylor focused on the rand, should South Africa be relegated to a non-investment grade.

Scroll down for quotes from the audio below.

Inflation is still at the upper end of the target band. It would therefore be prudent for the Reserve Bank to hike interest rates further.

Brigid Taylor

Higher interest rates could see more investment into South Africa.

Brigid Taylor

Low commodity prices are causing volatility.

Brigid Taylor

South Africa has a really great banking system and stock exchange.

Brigid Taylor

A ratings downgrade is almost a foregone conclusion.

Brigid Taylor

Enter your email address in the form below to receive a newsletter containing the seven most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

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
Bloomberg makes fishy discovery when visiting Charles King (new owner of Tegeta)

Bloomberg makes fishy discovery when visiting Charles King (new owner of Tegeta)

Why is its registered address that of a violin shop? Bruce Whitfield interviews Intellidex’s Stuart Theobald.

5 reasons your expenses feel so much more (than the 4.6% inflation rate)

5 reasons your expenses feel so much more (than the 4.6% inflation rate)

The Money Show’s Bruce Whitfield interviews Econometrix Treasury Management Director George Glynos.

Meet Jonathan Ball, founder of South Africa’s leading publisher of English books

Meet Jonathan Ball, founder of South Africa’s leading publisher of English books

The Money Show’s Bruce Whitfield interviews Ball, who created Jonathan Ball Publishers 41 years ago.

This sport requires you to run, drive and fight all while remaining seated

This sport requires you to run, drive and fight all while remaining seated

eSports are more than just a game now and may even be an Olympic sport by 2024.

'Insecure? Underendowed? We’ve got the car for you!'

'Insecure? Underendowed? We’ve got the car for you!'

The Money Show’s Bruce Whitfield interviews branding and advertising expert Andy Rice.

I want to ride my bicycle! I want to ride my bike!

I want to ride my bicycle! I want to ride my bike!

The business of cycling... The Money Show’s Bruce Whitfield interviews Team Dimension Data’s Doug Ryder.

Popular articles
NSRI has freed False Bay whale entangled in ropes

NSRI has freed False Bay whale entangled in ropes

NSRI has manged to free a southern right whale entangled in ropes in Fish Hoek, False Bay.

Local desalination company says no to small-scale tender

Local desalination company says no to small-scale tender

Tom Callaghan at Grahamtek says desalination tender is not viable for business but will bid for the large-scale land based plant.

Snakes on a plein: Drought to push snakes closer to properties

Snakes on a plein: Drought to push snakes closer to properties

Snake catcher Shaun McCleod says about 99% of snakes in the WC are just looking for food.

Vodacom to reimburse customers by end of the morning

Vodacom to reimburse customers by end of the morning

Spokesperson Byron Kennedy says the problem was a configuration change on their billing system.

5 reasons why South Africa granted Grace Mugabe diplomatic immunity

5 reasons why South Africa granted Grace Mugabe diplomatic immunity

 Simon Allison, Africa Editor at the Mail & Guardian explains the political considerations behind Mugabe's diplomatic immunity.

"ANN7 and  New Age sale is effectively a transaction between  Manyi and Guptas"

"ANN7 and New Age sale is effectively a transaction between Manyi and Guptas"

Phillip de Wet, Associate Editor at Mail & Guardian breaks down the sale of Gupta owned ANN7 TV Station and The New Age paper.

This is incredibly embarrassing for both countries - SAIIA Head of Governance

This is incredibly embarrassing for both countries - SAIIA Head of Governance

On Saturday international relations minister Maite Nkoane-Mashabane granted diplomatic immunity to Grace Mugabe.

Meet Bonang Mohale, BLSA's outspoken (‘don’t blame colonialism’) Chairperson

Meet Bonang Mohale, BLSA's outspoken (‘don’t blame colonialism’) Chairperson

The Money Show’s Bruce Whitfield interviews Business Leadership South Africa’s Mohale for his weekly “ShapeShifter” feature.