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Top news items in major S. African media outlets

Xinhua, June 3, 2016 Adjust font size:

The following are highlights of major South African media outlets on Friday.

-- South Africa is on a knife edge as it counts down the hours to the announcement on Friday evening by ratings agency S&P Global Ratings of the country's sovereign debt in a decision that is likely to have a profound effect on the economy and the political sphere.

The Treasury will release a statement on Friday evening after the close of the JSE, or on Saturday morning, stating its view on any revision of the present ratings. (Business Day)

-- Political dissatisfaction has been blamed for the spate of violent protests that have gripped the country in recent months.

Experts believe they are about to escalate as South Africa heads towards local government elections on August 3 .(City Press)

-- Submitting candidate lists for the local government elections is "like being responsible for a nuclear bomb", ANC secretary general Gwede Mantashe said on Thursday.

With less than two hours to go before the Electoral Commission of SA's deadline for submitting party lists on Thursday afternoon for the August 3 elections, about 100 protesters from Gauteng and Mpumalanga were camped out in front of Luthuli House and in the entrance foyer, holding posters expressing their grievances. (News24) Endit