Economists warn that South Africa is on the brink of an economic crisis.
The recession, unemployment, the rand’s decline in value as well as international developments are factors that make the red lights flash.
The rating agency Fitch stated on Tuesday, September 25, that the so-called stimulus package of Cyril Ramaphosa does not really bring any benefit or growth to the economy.
Fitch is currently rating SA’s creditworthiness below investment value.
Read the original article in Afrikaans on Die Vryburger