SA has an opportunity 'to do the things we are supposed to do', says Tshepiso Moahloli
of the country’s debt to junk by Moody’s Investors Service as anMarch is expected to add to the deterioration in the rand’sthe things we are supposed to do,” Tshepiso Moahloli, actingsaid on a call with reporters on Sunday evening.
investment grade, saying unreliable electricity supply,standing structural labour market rigidities continue tocountry is entering a period of much slower global growth in an“We take this downgrade as an opportunity do the rightsocial and economic programme that had been promised to Southlongest downward cycle since at least 1945 with businessalmost a third of the labour force unemployed.structural reforms due to political bickering.unsustainable,” deputy finance minister David Masondo said.
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