SA's economy remains resilient, says govt
Government is standing firm that South Africa remains an attractive investment destination.
A statement was issued late last night following the announcement that a second money lender - in as many days - has pulled the plug on Eskom.
Government said in a statement that its made bold decisions to restore confidence in the economy and is achieving its fiscal objectives of stabilising and reducing debt.
Government says it's received assurances from Beijing, Japan and Germany's Deutsche Bundesbank that reaffirms the country's standing as a long term investment certainty.
The statement continues with government's commitment to delivering quality infrastructure and related services.
Investors has also been re-assured that the country is open for business - and especially private public partnerships.
Meanwhile, economist Dawie Roodt feels the latest developments could see other lenders follow suit. Roodt feels uninvited pressure is being put on the Finance Minister.