Two ratings agencies revealed major doubts around the South African economy on Friday.
The downgrade takes South Africa’s credit rating to just one level above ‘junk’ status.
The ratings agency shifted its outlook for SA today, with Zuma’s minister’s among its concerns.
The World Bank lowered its forecast for South Africa’s economy to just two percent.
Millions of consumers could benefit from plans to have bad credit information wiped from records.
Britain suffered its first ever sovereign ratings downgrade from a major agency on Friday.