Gigaba Says Rand Can Strengthen Further as Reforms Take Place

The transcript discusses the strength of the South African rand, driven by growing economic confidence and market self-correction. It highlights the government's commitment to reforms, with the President taking charge of state-owned companies and structural changes. The focus is on avoiding further downgrades and improving the country's economic outlook to regain investment grade status.

What factors contribute to the strength of the South African economy according to the text?

How does the government plan to address the challenges faced by state-owned companies?

What are the expected outcomes of the structural reforms mentioned in the text?

What is the significance of regaining investment grade for South Africa?

What role does confidence play in the economic outlook of South Africa?