Watch: Did Gordhan do enough to avoid a ratings downgrade?

Magnus Heystek’s views on addressing SOE problems and Gordhan’s political backing on implementing unpopular measures.

Magnus Heystek of Brenthurst Wealth Management was a speaker at a Saica post-budget breakfast with Moneyweb on February 25 2016.

He answers the following questions in this clip:

  • Did Pravin Gordhan do enough to avoid a ratings downgrade?
  • How important is it to address the financial and efficiency problems at SOEs?
  • Does Pravin Gordhan have the political backing to implement unpopular measures?
  • Can Pravin Gordhan expect political interference as he leads the economic revival process?

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