SA financially stable: Nomura economist

A view shows the Standard & Poor's building in New York's financial district February 5, 2013. REUTERS/Brendan McDermidA view shows the Standard & Poor's building in New York's financial district February 5, 2013. REUTERS/Brendan McDermid
A view shows the Standard & Poor's building in New York's financial district February 5, 2013. REUTERS/Brendan McDermid

A view shows the Standard & Poor’s building in New York’s financial district February 5, 2013. REUTERS/Brendan McDermid

One of our readers, Bongani Ngcobo, has brought the views of this economist to our attention.

Peter Attard Montalto, head of emerging EMEA economics at Nomura International, discusses the downgrade of South Africa’s credit rating by S&P. He says South Africa is financially stable.

Listen here. http://www.msn.com/en-us/money/companies/nomura-economist-says-s-africa-financially-stable/vp-BBzjbnQ

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