In South Africa Government to focus on growth after Fed holds rates

"Our response lies in our structural reforms and the growth strategies," Nene told reporters

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South Africa's Finance Minister Nhlanhla Nene delivers his 2015 Budget Speech at Parliament in Cape Town February 25, 2015. REUTERS/Sumaya Hisham play South Africa's Finance Minister Nhlanhla Nene delivers his 2015 Budget Speech at Parliament in Cape Town February 25, 2015. REUTERS/Sumaya Hisham (Reuters)
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South Africa's response to the U.S. Federal Reserve keeping interest rates on hold will be to implement reforms aimed at boosting economic growth and invest in infrastructure, Finance Minister Nhlanhla Nene said.

"Our response lies in our structural reforms and the growth strategies," Nene told reporters, adding that Africa's most advanced economy will continue its infrastructure investments.

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