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Top news items in major S. African media outlets

Xinhua, April 12, 2017 Adjust font size:

South Africans who are planning to retire within the next 20 years will have to work longer, following the country's recent sovereign credit ratings downgrade to junk status, said Dawie de Villiers, CEO at Sanlam Employee Benefits.

Standard & Poor's (S&P) Global Ratings and Fitch Ratings both cut South Africa's ratings to sub-investment grade last week, following President Jacob Zuma's midnight Cabinet reshuffle on March 31.(Fin24)

--President Jacob Zuma celebrates his 75th birthday today. Ironically, the President and axed Finance Minister Pravin Gordhan share the same birth date.

It coincides with an anti-Zuma march led by opposition parties, after the cabinet reshuffle, which has led to two downgrades by ratings agencies. (South African Broadcasting Corporation) Endit