- ANDREA TEAGLE
Credit ratings agencies Fitch and Standard & Poor’s shone their spotlight on South Africa this week, seeking signs of an economy righting itself before their June reviews of our international credit ratings. Dancing in that spotlight are a lowered economic forecast, a wheezy rand and Finance Minister Pravin Gordhan’s efforts to signal policy certainty while fighting off political assaults. Whatever this week’s investigations turned up, a downgrade this year was very probably a foregone conclusion. By ANDREA TEAGLE.