South Africa in the news:
- ‘SA’s junk status will undermine growth’: Johannesburg – The National African Federated Chamber of Commerce and Industry (Nafcoc) said on Tuesday that it was “extremely concerned” by the decision of S&P Global to downgrade South Africa’s sovereign credit rating to junk status. This comes after S …: “South Africa” – BingNews
- Mines Chamber blames Zuma for junk: Johannesburg – The Chamber of Mines on Tuesday said Standard and Poor’s downgrading of South Africa’s sovereign debt rating to junk status was “a consequence of the illogical and damaging cabinet reshuffle by President [Jacob] Zuma”. S&P on Monday …: “South Africa” – BingNews
- South Africa’s Tough Road Out Of Junk Status: The rand loses ground, bonds and banking shares have fallen; Widespread worry in Ghana over increase in suicide cases; Young people in Uganda trying to win big placing bets on football. (Photo: Newly appointed South African Finance Minister Malusi Gigaba …: “South Africa” – BingNews
- Why pressure is mounting on South Africa’s Zuma to step down: Johannesburg, South Africa | AFP | South Africa’s powerful trade union federation Cosatu, a key coalition partner of the ruling ANC, on Tuesday called for embattled President Jacob Zuma to resign following a deeply unpopular cabinet reshuffle. Union …: “South Africa” – BingNews
- PHOTOS: Groups protest in South Africa, demand Zuma’s resignation: Members of South Africa’s powerful trade union federation, Cosatu, a key coalition partner of the ruling ANC, protested on Tuesday, at Port Elizabeth, asking the embattled President Jacob Zuma to resign following a deeply unpopular cabinet reshuffle.: “South Africa” – BingNews