DA to challenge Moody’s decision on rating report - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

says it’s pleased that the country hasn’t been hit by another downgrade, but also concerned that the uncertainty around the report will make investors uneasy.Fitch and Standard and Poor’s both downgraded South Africa to sub-investment grade or the so-called junk status in 2015.

DA Shadow Finance Minister, Alf Lees says:”The expectations for some kind of stability from Moody’s have not been met and this is not a good thing.” “This is going to be inhibiting for investments in South African economy and the consequent creation of jobs. So we would like to see Moody does at least let us know why they chose not to change the sovereign credit rating.”

abantu baka sefa bangidlela imali qede bathi bazongibophisa angazi yini ngacela imali ye business den fol wonke yonke into

Delayed disaster.

Kandi le DA injani 🤷🏿‍♀️🤷🏿‍♀️🤷🏿‍♀️

Wow!!!

DA wants SA to junk status to prove a point? Im starting to agree with those who says DA doesnt care about poor people .

Our_DA, what's your problem? Aren't you South African?

Desperate Alliance will love to see SA burn. Just so they can get international backing and assume power to protect white privilege. Our_DA you are disgrace to SA

OBVIOUSSSssssCyril's in(corps' CONtrolled)-Moody's 'pockets' .

Lol they want the country in junk? Our_DA WTF?!?!?

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