Johannesburg - It seems South Africans could soon get another major adjustment of the gross domestic product (GDP) and that may prevent a ratings downgrade by a few years, according to economist Mike Schussler.
He said in the markets everybody knows that the South African economy, while bigger, has a slightly lower growth trend.
"But it was news that rating agencies took on board as did our National Treasury, SA Reserve Bank and all economic forecasters. Our growth trend had declined and so had our growth potential," explained Schussler.