Gordhan to showcase SA's 'phenomenal positives' to rating agencies

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Johannesburg – There are “phenomenal positives” to focus on in South Africa, and the country has a good story to tell, said Finance Minister Pravin Gordhan.

Gordhan was speaking at a briefing about the economy at Deloitte on Friday. During his address Gordhan said Treasury would be conducting a post-budget roadshow in the UK and the US from next week. Besides trying to secure portfolio and economy investors, Gordhan said Treasury would be meeting with ratings agencies to address questions and concerns they may have.

“At this point in time we have a good story to tell as South Africa,” said Gordhan. If the country continues to move in the “right direction” and if role players cooperate, it will be reflected in growth numbers.

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