[miningmx.com] – SOUTH Africa’s president Jacob Zuma is likely to shore up investor confidence in his State of the Nation Address following recent credit downgrades amid load-shedding by the power utility, Eskom, and a 21 week long strike in the country’s platinum sector, said Bloomberg News.
“His speech is likely to be aimed sharply at the investor community,’ Mzukisi Qobo, a politics lecturer at the University of Pretoria, told the newswire agency.
“He would want to give them a sense that the government has a grasp of the kind of challenges facing the economy and is committed to doing something about them.’
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