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Top news items of S. African major news outlets

Xinhua, June 8, 2016 Adjust font size:

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

-- The Johannesburg Stock Exchange (JSE) will be on edge on Wednesday as traders wait to see how bad the first quarter's gross domestic product (GDP) decline was from the previous quarter.

To add to the market's nervousness, Fitch is expected to release its sovereign credit rating verdict on Wednesday.(Business Day).

-- South Africa's leaders appear to have taken ratings agency Standard & Poor's seriously regarding a lack of political cohesion among the executive branch.

President Jacob Zuma and the Minister of Finance Pravin Gordhan and their teams spent four hours on Tuesday discussing the economy, the government's communication team said on Tuesday.(Fin24)

-- South African Broadcasting Corporation (SABC) Chief Operating Officer Hlaudi Motsoeneng says the public broadcaster stands by its decision not to show people burning property in news bulletins.

Motsoeneng was part of a panel discussion that the National Press Club hosted in Pretoria to debate the SABC's decision not to show footage of people destroying public property.(South African Broadcasting Corporation) Enditem