Finweek Money Matters - Thabi Leoka (Economist):

Standard & Poor’s is set to announce its decision on South Africa’s credit rating on 3 June, with economists warning that there is a strong likelihood that the country will be downgraded to sub-investment grade or so-called junk status. Thabi Leoka, economic strategist at Argon Asset Management, and trader and stockbroker Petri Redelinghuys discuss the state of the economy and the implications of a possible downgrade.