Standard & Poor’s is set to announce its decision on South Africa’s credit rating on 3 June, with economists warning that there is a strong likelihood that the country will be downgraded to sub-investment grade or so-called junk status. Thabi Leoka, economic strategist at Argon Asset Management, and trader and stockbroker Petri Redelinghuys discuss the state of the economy and the implications of a possible downgrade. finweek: Money Matters is a weekly programme aired every Friday 13:00 CAT on CNBC Africa (DStv channel 410). The programme focuses on trends, investment analysis and economic debates.
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