Finance Minister Pravin Gordhan is upbeat about SA’s ability to demonstrate progress, when international credit ratings agencies arrive to review economic performance from November. Apart from challenges relating to low growth and uncertainty around Gordhan’s position as finance minister, the potential of a downgrade of the sovereign rating in December is also a concern. Gordhan was speaking at the Uasa (formerly United Association of SA) conference in Boksburg on Wednesday. Earlier this year, chief among the ratings agencies concerns were governance at state-owned companies and the risk they posed to the fiscus, along with investment-inhibiting regulations and inclusivity in the economy. Gordhan said the country had done "remarkably well" to improve and stabilise labour relations. "Growth and inclusivity of growth is the central issue facing SA," he said. "To get investment going we need confidence; to get confidence going we need the right level of cohesion and collaboration and s...
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