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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South Africa to invest $1 bln in South Sudan's oil sector - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South Africa will invest $1 billion in South Sudan’s oil sector, including in the construction of a refinery, the South African minister for energy and his South Sudanese counterpart for petroleum said on Friday.
Источник: SABC News Online - 🏆 32. / 51 Прочитайте больше »

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?
Источник: eNCA - 🏆 49. / 51 Прочитайте больше »

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?
Источник: eNCA - 🏆 49. / 51 Прочитайте больше »