Treasury bemoans Moody's decision to downgrade SA to Junk status - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The ratings firm downgraded the rating one notch to ‘Ba1’ from ‘Baa3’ and maintained a negative outlook, meaning another downgrade could follow if the economy performs worse or government debt rises faster than expected.decision to downgrade South Africa’s sovereign credit rating to junk status.

Moody’s is the last of the big three agencies to do so after S&P Global and Fitch moved the rating to below investment grade in 2017.

How can we get a rating during this time? Sabotage!!!

When we speak of Rubbing Salt in a Wound, This is What Moody's Decision to Downgrade South Africa's soverign credit rating to junk status.Why? This time? Why Nogal?Any way God is in charge of everything. The author and finisher of our faith. God hold the planet.This too will pass

South Africa: Hey recession hey, ohh ahh, I wanna know If you'll be my girl🥳😍

So were is Minister Mboweni in all this?

Moody must take several seats. We are dealing with a catastrophe and they are dealing us another.

Stop that plane! From Sao Paulo to JHB

Is I coincidence or what that the downgrade happen when we dealing with Covid-19. We must pull together as we are doing to overcome corona and also to enact long overdue economic reforms.

We need to ignore what the ratings agencies do, and try our best as a country to pull ourselves out of the quagmire! The Malaysian have shown that you can defy the ratings agencies and prosper!

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