“Should politics continue to improve, then credit ratings agencies might be willing to postpone a downgrade and the rand could hold onto its gains"

South Africa’s macroeconomic policy and strong institutions reassure investors who know the risks, analysts say.

A downgrade because of rampant expenditure will have severe fiscal implications for SA.

Some blame the occult, others the eurozone, but France gets down to brass tacks.

Due to the country’s failure to create jobs and improve economic growth, Fitch has revised South Africa’s outlook from stable to negative.