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

by Reuters 2 views0

New Finance Minister

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.