S.Africa's finmin Gordhan says ratings agencies will consider political climate - CNBC Africa

S.Africa's finmin Gordhan says ratings agencies will consider political climate

Southern Africa

by Reuters 0

PHOTO: YouTube

Ratings agencies will take the political situation in South Africa into account when reviewing its credit rating, Finance Minister Pravin Gordhan said on Tuesday, after parliament voted against impeaching President Jacob Zuma.

"Politics, economics and the fiscal situation are all things ratings agencies watch out for. South Africans should be aware of that," Gordhan told Reuters.

 

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