“…ultimately, this means that the collective gains in prosperity which we as a nation have achieved are at risk of being eroded” ~ South African Reserve Bank
This statement was made in the context of economic headwinds and not factoring the political agenda changing significantly in shape. As nervous as I am about the crossroads South Africa is at, I am excited!
We have the risk of a ratings downgrade yes, but we also need to continue the path we are on of saving the day, in action and not just promises. This will demonstrate to ourselves, the world, including the international credit ratings agencies, that we are worth our weight in gold.
This really is a country alive with possibilities! There is a crisis we can turn into an opportunity here…