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Dear Moody's, I see that it is left to me, an Activated Citizen to dispel a myth in your mind. You say that South Africa must change its Policy but as I will demonstrate, South Africa already has Robust Policy and I’ll presently present where the real problem is. “However, in the absence of effective policy change, the sovereign’s credit profile will most likely continue to erode, with fiscal strength weakening and growth remaining low.” Moody’s Sees South Africa’s Growth Outlook Remaining Weak Moody's Debt Projection as at May 16th, 2019 South Africa's Growth Outlook Remains Weak, Moody’s Says And there is a potential downgrade to Junk status for the whole of South Africa, coming up in November 2019. "Standard & Poor’s global has just announced South Africa’s sovereign credit rating has been downgraded to double B plus, according to EWN." 3/4/2017 Fitch: 7/4/2017: downgrades South Africa to Junk Status Junk Status, means less than Investment G...
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