What downgrade of SA economy means for fiscal policy

Ratings agencies have downgraded South Africa's economy on the back of several changes in the finance cluster, which saw markets react negatively.

Sumitra Nydoo on Thursday spoke to Lesiba Mothata, the chief economist at Investment Solutions, on what this means for the country's fiscal policy.

Listen to the conversation below:

The minister has done a good job of talking, which was needed, because there was confidence that was needed... he needed to talk the right rhetoric, but now they've put themselves under huge scrutiny.

Lesiba Mothata, chief economist at Investment Solutions

Recommended

by NEWSROOM AI
Read More
Wits Nehawu members down tools over salaries

Wits Nehawu members down tools over salaries

Nehawu Wits acting secretary Tumisho Madihlaba says negotiations with management deadlocked resulting in a strike.

Former Eskom interim CEO Sean Maritz under fire for signing off R400 mil payment

Former Eskom interim CEO Sean Maritz under fire for signing off R400 mil payment

‘Documents show that the fee contract was entered into by Anoj Singh & signed off by the acting CEO Sean Maritz' - Chris Yelland

‘Qedani Mahlangu helped people die then she ran away’ – Stephen Grootes

‘Qedani Mahlangu helped people die then she ran away’ – Stephen Grootes

Stephan Grootes shares his views on the events that unfolded at Life Esidimini and comments on Qedani Mahlangu’s apology.

Metrorail train derails due to vandalism on the central line

Metrorail train derails due to vandalism on the central line

The Central line was set to resume services on Thursday but has been postponed due to vandalism at Heideveld and Netreg stations.

Hawks Mulaudzi neither confirms or denies reports about possible Guptas arrests

Hawks Mulaudzi neither confirms or denies reports about possible Guptas arrests

Hawks spokesperson confirmed working closely with the NPA but cannot disclose cases it is working on until people are charged.

May the Fourth be with you, a celebration of Star Wars Day

May the Fourth be with you, a celebration of Star Wars Day

May 4 marks "May the Fourth be with you," Day celebrated by fans George Lucas' fans of his Star Wars global movie franchise.

Popular articles
I come from having very little, to having a lot - Craig Gradidge

I come from having very little, to having a lot - Craig Gradidge

The Money Show’s Bruce Whitfield interviews Gradidge about his attitude to money (hopes and fears, successes and failures, etc.).

'The next Steinhoff is around the corner!'

'The next Steinhoff is around the corner!'

The Steinhoff-debacle happened while the world praised SA for its auditing standards. Bruce Whitfield interviews Dr Steven Firer.

'I left Australia for SA so that my sons can practice their religion in freedom'

'I left Australia for SA so that my sons can practice their religion in freedom'

A Muslim mom and former community spokesperson - now living in SA - recounts the deep-rooted history of Islamophobia in Australia.

Load shedding will be resolved permanently in a few weeks - Fikile Mbalula

Load shedding will be resolved permanently in a few weeks - Fikile Mbalula

ANC head of elections, Fikile Mbalula says the president is hard at work to resolve Eskom's problems.