Ratings agencies will take the political situation in South Africa into account when reviewing its credit rating, Finance Minister Pravin Gordhan said on Tuesday, after parliament voted against impeaching President Jacob Zuma.
Gordhan says ratings agencies will consider political climate
Politics, economics and the fiscal situation are all things ratings agencies watch out for.
South African Finance Minister Pravin Gordhan delivers his 2016 Budget speech to parliament in Cape Town, February 24, 2016.
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"Politics, economics and the fiscal situation are all things ratings agencies watch out for.
South Africans should be aware of that," Gordhan told Reuters.
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