S&P keeps South Africa credit ratings below investment grade

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Why, if Investment decisions are forward looking and we are now clearly out of the ZUMA years?

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SA to invest R13bn in South Sudan oil industrySouth Africa will be investing over R13-billion in South Sudan's oil sector. Amazing to invest all this money yet we cannot feed the poor house the homeless... It escapes me It's a good idea there's a lot of oil there Hayi bo kahleni!, not so long ago TreasuryRSA boldly issued a statement that RSA has a budget deficit of around R46 billion. Eeeh Mogajane is this a confirmation that our deficit of R50 billion has been recovered such that we can be this ambitious?
Sumber: eNCA - 🏆 49. / 51 Baca lebih lajut »

SA to invest R13bn in South Sudan oil industrySouth Africa will be investing over R13-billion in South Sudan's oil sector. Waiting for a reply.... Getting what in return? If South Africa took invested money from China, to reinvest it in South Sudan does that make sense? After how many years will we reap?
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