Fitch’s dim view of stimulus plan

President Cyril Ramaphosa’s multibillion-dollar plan to turnaround the economy will do little to lift SA’s sluggish economic growth rate, Fitch rating agency said, adding that the rand’s recent plunge would also hinder the plan.

“The plan does include measures that could support growth, but many relate to long-standing policy ideas that have been slow to implement,” Fitch said – Reuters