Moody’s assured South Africa on Tuesday that the probability of it downgrading the country’s credit rating is about 33%.
However, it warns that a downgrade is very likely should growth fall below the estimated 0.2% for the year.
The Money Show’s Bruce Whitfield interviewed Investec Asset Management Economist Nazmeera Moola and Macquarie Senior Economist Elna Moolman.
Scroll down for quotes from the audio below.
They’re looking at us relative to other emerging markets.— Nazmeera Moola, Investec Asset Management
Growth is the single biggest worry for ratings agencies.— Nazmeera Moola, Investec Asset Management
They have given us credit for easing our electricity constraints.— Elna Moolman, Macquarie
I think the Reserve Bank won’t do anything [at its next Monetary Policy Committee meeting].— Elna Moolman, Macquarie
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Bruce Whitfield interviews Peter Hain (Wits Business School) and Steven Powell (Director in Forensics at ENS Africa).
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The Money Show’s Bruce Whitfield interviews the former CEO of Africa’s largest retailer by far.
A policing expert explains that the airport shooting may be linked to the shooting at a Stellenbosch nightclub this past weekend.
Independent Marketing Consultant in the Technology Space, Andrew Fraser says this looks like a leak and not a hack.
The incident happened in the early hours of Wednesday morning.
A Cape Town man was stabbed to death on Saturday while trying to assist two women who were being mugged on Kloof street.