LETTER: SA’s long march back to investment grade
Thanks to apartheid, South Africans have been practising ‘economic distancing’ for decades
31 March 2020 - 16:37
With the stroke of a pen, SA has entered its second war in the same number of weeks. Predictive modelling suggests that the devastating effects of Covid-19 on our healthcare system, ailing economy and our lives would have required the best of circumstances just to hobble through it.
Now, with the country’s already stretched resources and waning morale being called on to defend us against junk status, it is difficult to see how we will navigate through these interesting times...
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