S&P says concerned by South Africa's political tensions, fiscal limits

JOHANNESBURG (Reuters) - Ratings agency Standard & Poor's said on Tuesday rising political tensions in South Africa amid infighting in the ruling African National Congress could derail government efforts to improve policy implementation and that Pretoria had little room to boost spending. "South Africa's fiscal space, or the flexibility its government has to increase its spending to boost the economy, is now limited," S&P said in response to questions raised by investors on South Africa