Tito Mboweni is expected to paint a gloomy picture of the country’s fiscal position later this month.
The agency Moody’s has had a fairly stable rating so far, but economists warn that the view may change to negative.
Moody’s has already made “negative” comments at its quarterly conference last week. The chance that SA will be finally downgraded to junk status is a possibility, and this is due to the poor growth and continuous cash injection into the country’s bankrupt state intimacies such as Evkom, SAA, Denel and SABC.