Gordhan: SA has survived political noise

The finance minister says the South African economy continues to be resilient & the country still has a positive story to tell.

FILE: Finance Minister Pravin Gordhan. Picture: Christa Eybers/EWN

JOHANNESBURG - With Standard & Poor's Global expected to give their verdict on South Africa’s credit rating, Finance Minister Pravin Gordhan says the country has survived what he's called "political noise" and that the economy continues to be resilient.

Gordhan gave feedback on what the country's agenda will be at January’s World Economic Forum meeting in Davos, Switzerland under the theme "Responsive and Responsible Leadership."

The finance minister says leaders must respond to the urgent and growing frustration of citizens who are not experiencing economic growth.

Gordhan says the time for inaction and indecisiveness from world leaders is over.

“It is imperative that leaders respond collectively with credible actions to improve the state of the world.”

Business Unity's Jabu Mabuza says the business community has committed to partner with government toward responsible leadership.

“We have made it our business to not just sit on the side-lines and just get engaged as the theme of Davos suggests how you respond and what responsibility do you take?”

With S & P Global expected to give their verdict this week Gordhan maintains South Africa still has a positive story to tell.

(Edited by Neo Koza)