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Gigaba berates govt leaders over reckless downgrade statements

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Incoming Finance Minister Malusi Gigaba. (Gallo Images)
Incoming Finance Minister Malusi Gigaba. (Gallo Images)

Cape Town – Government leaders should not make reckless statements, but rather show empathy towards South Africans, following the recent ratings downgrades, said Finance Minister Malusi Gigaba on Thursday. 

Speaking to journalists after an investor briefing hosted at Parliament, Gigaba admitted that the comments from fellow Cabinet ministers who had made light of the credit ratings downgrades were not helpful. 

READ: Gigaba: We've dealt with utterances by ministers downplaying junk status

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