Just as he was basking in the ringing endorsement he got from Goldman Sachs, President Cyril Ramaphosa got a wake-up call from Moody’s Investors Service, which warned it might downgrade the country’s debt if he does not deliver promised reforms.
In a late-night report on Wednesday, the last major ratings agency that has SA on investment grade warned the country’s debt is set to balloon well above levels forecast by the government and that a failure to boost growth, curtail spending and improve tax collection will"put downward pressure on the country’s rating".
ALETTAHA First rule of leadership choose your words wisely, you will be held to them
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Unemployment rate should serve as wake-up call to incoming govt - unionsCosatu spokesperson Sizwe Pamla says President Cyril Ramaphosa doesn’t have any time to waste and must act quickly to prevent more jobs being shed. I don't think the ANC gov't is going to even notice anything less than a PK... The low productivity and high wages discourage employment . unionsmustfall
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SA unemployment rate a wake-up call for policymakers – UASAStatistics South Africa said on Tuesday the unemployment rate rose to 27.6% of the labour force in the first quarter of 2019. A socialist government can never stimulate job creation It’s the antithesis of a free market economy when trade unions dictate policy and government accedes to the demands of over employment and under productivity Have to decide what you want Highly regulated or Job creation
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EDITORIAL: Wake-up call for DA requires reflection, not petty fightsParty must decide what it wants to be
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Moody's warns of downgrade unless Ramaphosa makes good on reform promisesMoody's analyst says SA's credit rating remains at risk without effective policies to reverse low growth, steadily rising debt and leveraged state-owned enterprises He must have thought they were bluffing 🤣 The De Klerk counterweight above ronellepretor liamverum
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Goldman expands SA business on the back of Ramaphosa victoryDecision to expand operations a sign of firm’s confidence in Ramaphosa’s ability to resuscitate flagging economy Jewish cabal is in town !!!! Get lost! Should we be very worried? Goldman Sachs has history that precedes them.
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‘Vote of confidence’ in SA as Goldman Sachs banks on Cyril RamaphosaThe bank is in the process of applying for an SA licence, people familiar with the application say Bruvs....never trust a Jew....that's a warning for you !!!
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Goldman expands SA business on the back of Ramaphosa victoryDecision to expand operations a sign of firm’s confidence in Ramaphosa’s ability to resuscitate flagging economy
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Moody’s calls for policies that tackle SA’s credit challengesMoody's analyst says SA's credit rating remains at risk without effective policies to reverse low growth, steadily rising debt and leveraged state-owned enterprises
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Moody’s calls for policies that tackle SA’s credit challengesMoody's analyst says SA's credit rating remains at risk without effective policies to reverse low growth, steadily rising debt and leveraged state-owned enterprises
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Casac adds voice to calls for Ramaphosa to appoint credible CabinetCalls are mounting on President Cyril Ramaphosa to appoint credible and capable people when he announces his Cabinet soon. We hope the President will appoint cabinet ministers that will realise the importance of working with opposition parties to rebuild South Africa and the need to allow South Africans to participate in decision making. This will boost our economy.
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