S&P keeps South Africa on junk status

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S&P decided to keep the country under non-investment grade and cited a weak fiscal position and the large COVID-19 relief package as reasons.

The latest S&P credit rating decision keeps South Africa under non-investment grade.This was in response to the latest S&P credit rating decision to keep the country under non-investment grade.

 

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Only Junk Status. I thought CR and his N(c)igarette deserves the shit status ....

Cause momparras are in charge

I cannot see the situation change for the foreseeable future as long we import so much. We need to promote our own manufacturing industries but with the lockdown lot of big companies are using the situation to retrench. Ban retrenchment during lockdown.

Shocked

Due to the black people's government, this country is down graded to lower than shit by all three credit agencies. The black people's government is way too corrupt

Did ANC members study the tricks of the trade and understood what they had in their hands, to be honest i dont think so It is no wonder why they did all the things they did since then and recently, the looting of money and this system of e tenders nd so on....

Rightly so looking at our current government

Currently irrelevant. Later, folks

We don’t care

Downgraded to poo

We don’t care anymore, we have uCyril Ramabillions

WeHaveRightsSA well done PresidencyZA DlaminiZuma CyrilRamaphosa

It's all the same to us ordinary citizens... Kusafana!!

Utterances by Zille and Winde are detrimental to such decisions by S&P

ANC is starting to display dictatorship you cant takeaway everything without giving us something in return take the cigarette and alcohol give us level 1 so we go back to work we dying of hunger and growing in frustration

These organisations r rediculous. The whole wrld is going thru a pandemic nd they find it fit to credit rate countries. 😠

Ag toe nou. How is it that now all of a sudden it is the corona’s fault. It would have happened anyway. The culprit is MYANC

Shock horror....

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