This is in spite of the fact that over the years, Africa has spent enormous amounts of financial resources on education and training. Unfortunately, we are still reluctant to practically demonstrate our skills. We still want to think that we are less experienced to be experts in economic matters.
Following the gradual and regular improvement in our country’s sovereign ratings from the advent of democracy to the mid-2000s, which saw South Africa regain investmentgrade status, South Africa’s credit standing has again deteriorated in recent years.