Tag: Steven Nathan
SA dodges ratings bullet but much still needs to be done
The affirmation of South Africa's investment-grade credit rating by Moody's late on Friday is welcome. South Africans will now be spurred to focus on their individual financial wellbeing and ask if their own status could be described as investment grade or junk. This in light of the fact that 94% of South Africans still on the junk watchlist.
Unsettling times but hold tight …we have been here before
Somewhat ironically, each new year launches into the same old news cycle: the WEF meetings at Davos, the State of the Nation (Sona) speech, presentation of the national Budget to Parliament. Those a bit longer in the tooth may feel that it’s all over-hyped – 'sound and fury, signifying nothing' – because invariably these events don’t become watershed moments, just brief intermissions that change little, if anything.
