We need all arms on deck! We were doing very well up until last week, since Pravin Gordhan has been in office.— Colin Coleman, Goldman Sachs SA
We have a fantastic, highly credible Finance Minister in place.— Colin Coleman, Goldman Sachs SA
South Africa’s credit rating would be cut and the rand would “buckle” if Finance Minister Pravin Gordhan were to be removed from his post, according to Goldman Sachs SA’s MD Colin Coleman.
In other words; we’ll all be poorer, as inflation and interest rates will skyrocket.
The Money Show’s Bruce Whitfield interviewed Coleman.
Listen to the audio below for more detail.
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