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South African economy facing growth constraints: finmin 14:26 GMT

CAPE TOWN (Reuters) - Volatility in capital flows and the foreign exchange rate were adding to South Africa's economic challenges and any progress to reverse a slowing economy will only be felt in the medium to long term, Finance Minister Nhlanhla Nene said on Wednesday.  Full Article

 
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Moody's sees South Africa avoiding recession in 2015 12:16 GMT 

JOHANNESBURG (Reuters) - Moody's said on Wednesday it expects South Africa to avoid sliding into a recession this year, despite signs that the economy is struggling after contracting in the second quarter this year.  Full Article  

South Africa welcomes Moody's decision to affirm rating 13:02 GMT 

JOHANNESBURG (Reuters) - South Africa's Treasury said on Wednesday it welcomed Moody's affirmation of its rating as it recognises the commitment by Africa's most advanced economy to sound macro-economic policies and strong institutions.  Full Article  

 
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