Fitch downgrades SA further into junk status

The local economy was dealt another blow on Friday when Fitch Ratings downgraded the country further into junk. Yep, just a week after Moody's stripped it of its last remaining investment grade. Fitch has also maintained its negative outlook and expects our economy to contract by 3.8% this year as impact of the coronavirus becomes more prevalent. RMB's Kim Silberman joins me with her analysis.