National Treasury says the decision to downgrade comes amid the country facing the coronavirus outbreak
Moody’s attributed the downgrade to structurally weak growth and constrained capacity to stimulate the economy as well as a rise in government debt over the medium term. In a statement, National Treasury says the decision to downgrade comes amid the country facing the coronavirus outbreak – which is impacting various sectors of the economy including the financial markets.is another warning to the South African government.
Under white monopoly capital is difficult 🙄🙄🙄🙄
Moody’s as they implement phase two of the New World Order😂😂😂 life is not going to be the same .....
Economy state of SA ,Yeah they said A new SA 25 odd years Ago
Where will they find them?
Aggressive sounds like 'radical'. So, analyst finally calling for radical economic policies.
Let Moody's voetsek the world and SA have a bigger crisis they are fools
Fuck MOODY'S! They can't decide the future of South Africans....
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South Africa records first COVID-19 deaths - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The two fatalities occurred in the Western Cape - one at a private hospital and the other at a public health facility. The country has over 1000 confirmed COVID_19 cases, with Gauteng recording over 400. Covid19SouthAfrica sabcnews Ok so we are in a 21-day lockdown....people strolling the streets....where the police? Over 1000 cases...10,000 WHAT IS YOUR POINT 😣😣😣
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UN Chief calls for prioritisation of Africa in response to COVID-19 pandemic - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.United Nations Secretary-General Antonio Guterres has called for a coordinated response to the coronavirus pandemic. Aaa nothing like that you'll want to bring it to Africa Let's hope he's not trying to open a conversation about vaccination of Afrikan children,Afrikans must be careful inspite of the challenges the continent faces but let's watch out of the wolves want to depopulate us. Right now Italy is like a graveyard. MightiJamie Why are they so Concerned, Their Plan backfired?
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Moody's downgrades South Africa to 'junk' status - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Moody’s downgraded South Africa’s sovereign credit rating to “junk” status on Friday, heaping more misery on an economy already in recession and now staring down the barrel of a steep contraction over the global coronavirus pandemic. Give us a break while we find our way out of the current pandemic. We will talk about your bias and opportunistic ratings when our lives are no more in danger of COVID-19 please Never rain but pours Dear Mr PresidencyZA now is the time to be as decisive as you have been with COVID-19 with economic reforms and getting rid of the Zuma RET Faction. All the evidence is there. You just need to act on it. Please. We will stand with you.
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China bans foreign travellers - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.China’s official media told people to stay on guard against the coronavirus (COVID-19) on Saturday and restrictions on foreigners entering went into effect as the country reported no new locally transmitted infections and a small drop in imported cases. Chinese people are behind this virus, Mark my words. Soon and very soon the truth will come out, lot of suspicion I have about them. Too late you have already infected the whole world
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