Gordhan says has done ‘more than enough’ to avert ratings downgrades

Finance minister delivered South Africa’s budget speech on Wednesday.

South African Finance Minister Pravin Gordhan said on Wednesday he was surprised by the sharp fall in the rand and government bonds after he presented his budget in Parliament, adding that he had done “more than enough” to avert ratings downgrades.

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Clearly not so mr Gordhan . Add to that the passing of Land Expropriation Act and other Contentious Acts recently do not Augur well for any Investments from Within and Abroad .

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