DA seeks answers from Moody’s over skipping SA rating review

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The DA says Moody’s decision could lead to more uncertainty in the country’s investment market.

JOHANNESBURG - The Democratic Alliance says it has written to Moody’s asking for an explanation on why the rating agency opted not to announce South Africa’s sovereign credit outlook.

The no-show means the country’s rating will remain unchanged at baa3 with a stable outlook, at least for now. The party has also questioned why the agency has delayed it’s rating until after the elections in May. DA finance spokesperson Alf Lees said: “By not saying anything at all it leaves the market is very uncertain, and we need some certainty. So, we’ve written to Moody’s to ask them for their reasons for not taking any actions and not making any announcement.”

 

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I must have missed it , where did the DA say they wanted SA downgraded ? They said the markets hate uncertainty and want clarification. Why is that so difficult to understand?

Talk about looking a gift horse in the mouth.

Treason perhaps?

Hayini DA

As if they don't know these people are criminal who gets millions of dollars in fine for fraudulent ratings

This Our_DA is a desperate party. So, you had stacked champagne in anticipation of a downgrade and I bet you had printed big billboards too. Do you hate SA that much?

This party is soooooo desperate. They know they are becoming irrelevant each day.

Don’t stand on the Devil’s tail....

How do they in all honesty rate a complete fuck-up? Rather just keep quiet when the writing is on the wall. Hope that the diesel doesn’t run out Eskom.

Hayi bayagula shame

OMW. Nothing else to say DA.

Which team are they playing for? It can't be TeamSouthAfrica

Our_DA desperately wanted a downgrade.

So these people want us to be downgraded?

matigary DA its a satanic group!

Clearly they don't have SAs best interest ..

Shame. They have to ditch a bunch of 'Moody's downgrade brought to you by the ANC' billboards.

DA still want South Africa that is not equal , why must they wish a downgrade , who vote for DA?

I guess they weren't in the mood.

Thought it was a joke!! DA at it again....

The DA doesn't care about SA

They couldn't get their pick up lines for campaigning

DA and MDC same whatsapp group imperialist ideologies

Poor DA hoped that we could be downgraded and use that for electioneering campaign. Now the announcement will be after elections 😜

DA izinja

Mama_Bridgie Moody's has a right not to make a pronouncement. Did the DA want SA to be downgraded?

We are all relieved, why worry

DAnonses just wants relevance

I am sure there is corruption involved too!!

DA will sink this country to blame the ANC

This guys hate our Country badly that they always celebrate bad news and frown at good news. DA Leaders and their supporters have liver seriously. If I was a proud supporter of DA I would resign immediately. Can I get an Amen to that please.

This made me sick to my stomach. Shame on you Our_DA. You wanted the country downgraded so you can use that to campaign? You don't care about the consequences of a downgrade on the lives of poor South Africans?

They wanted us to have a bad rating evil DA yhoo

Why would you be upset they did not downgrade us. Hou julle bek vi eers.

Wow!! What a whole Fucken wow! 😡

TF!? Are they possessed!? Wow, these guys are now too obsessed with making the ANC government look bad. So obsessed that they are happy to see bad news that affect us all! Wow! 😂💔

Mthigo_ Shit, now they need to change their campaign strategy.

The pain of typing another prepared speech 🤣🤣🤣

They were ready to bash the government now they are disappointed, probably their downgrade statement was already prepared.

Hehee so when things are going well for the country DA is not happy

I thought everybody who cares about our country is relieved obviously i am wrong

What a joke 🤦

They probably think it has to do with the CR charms. 🤔🤔

They must seek answers on all of these countries then

That's why DA won't get my vote. Always looking for problems, not solutions.

OurDa ya bo Helen Zille and Musi Maimane , so they wanted us to be downgraded ?😂 so they don’t care about us as long as they can use this for their silly politics

DA mara 🤣🤣

😂 shouldn’t we ALL be relieved that they’ve postponed? (I’ve not read the article maybe there’s something beyond the headline.)

So the DA wants us to have a bad rating Oliver_Speaking 😂🤦🏾‍♂️🤦🏾‍♂️

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