13 Apr 2017

Share

Gigaba berates govt leaders over reckless downgrade statements

accreditation
Liesl Peyper
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
loading...
Loading, please wait...
Incoming Finance Minister Malusi Gigaba. (Gallo Images)
Incoming Finance Minister Malusi Gigaba. (Gallo Images)

Cape Town – Government leaders should not make reckless statements, but rather show empathy towards South Africans, following the recent ratings downgrades, said Finance Minister Malusi Gigaba on Thursday. 

Speaking to journalists after an investor briefing hosted at Parliament, Gigaba admitted that the comments from fellow Cabinet ministers who had made light of the credit ratings downgrades were not helpful. 

READ: Gigaba: We've dealt with utterances by ministers downplaying junk status

Read this for free
South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.
Try our free 14-day trial
Already a subscriber? Sign in
Read more on:
nomvula mokonyanedudu myenimalusi gigabajunk statusinvestorsratings downgradesa economy
heading
description
username
Show Comments ()
Rand - Dollar
19.12
-0.6%
Rand - Pound
23.84
-0.7%
Rand - Euro
20.39
-0.5%
Rand - Aus dollar
12.32
-0.7%
Rand - Yen
0.12
-0.5%
Platinum
960.20
+0.8%
Palladium
1,035.50
+0.1%
Gold
2,382.76
+0.9%
Silver
28.44
+0.8%
Brent-ruolie
87.29
-3.1%
Top 40
67,190
+0.4%
All Share
73,271
+0.4%
Resource 10
63,297
-0.1%
Industrial 25
98,419
+0.6%
Financial 15
15,480
+0.6%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Partner Content
Embrace your creativity

09 Apr

Embrace your creativity
Students, it’s time to get the best laptop and deal on Mac at iStore

05 Apr

Students, it’s time to get the best laptop and deal on Mac at iStore
Sunrises, Narnia, and hobbit money – 10 fun reasons you need to visit New Zealand

19 Mar

Sunrises, Narnia, and hobbit money – 10 fun reasons you need to visit New Zealand
Beauty24 | Let’s debunk these common skincare myths

28 Mar

Beauty24 | Let’s debunk these common skincare myths
Find more
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders
GooglePlayLink HuaweiGalleryLink AppleStoreLink
© 2024 (3.0.24094.4) 24.com. All rights reserved.
Terms and Conditions Media24 Privacy Policy Vulnerability Disclosure
Contact us Help with my subscription
Iab Logo