Gardner Rusike is a sovereign analyst with S&P Global Ratings. BUSINESS DAY TV: Standard & Poor’s expects growth to be moderate this year but the ratings agency has warned that the country is still vulnerable to a credit downgrade. S&P held a global credit conference in Johannesburg today and joining us in the studio to discuss this further is Gardner Rusike sovereign analyst at Standard & Poor’s. Gardner ... so you’ve reiterated your concerns about weak economic growth, political tensions and, of course, policy reform in the country, do you get a sense that the concerns raised and subsequent warnings are falling on deaf ears? GARDNER RUSIKE: I don’t think they’re falling on deaf ears, there are steps being taken but perhaps they are not being taken in full and perhaps the pace at which they are taken might not be able to stimulate growth. At least, however, on the levels that we are projecting from our last published report we did say that we believe that growth may have bottomed i...
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