Is Mboweni's end of winter speech enough for Moody's?

Finance Minister Tito Mboweni's mid-term budget has been tabled in what he described as the end of winter for South Africa's economy, all eyes would be on Moody's at the end of this week to see whether he had done enough to ensure that the ratings agency does not downgrade South Africa. Reserve Bank Governor Lesetja Kganyago explained at a news conference in Cape Town what the impact of a downgrade on South Africa would be. - Linda van Tilburg