StatsSA announced the 2021 second quarter Gross domestic product (GDP) and the fiscal numbers should be pleasing for rating agencies and deter further downgrades, even though growth came in at only 1.2% in Q2. Maarten Ackerman, Chief Economist at Citadel, met with Channel Africa on their Africa Digest show yesterday to provide his expert commentary on what this means for South Africans and why this should appease rating agencies.
