Dear Moody's Series: Summary Video

Comments

Post a Comment

Popular posts from this blog

Video 3 Policy 2003 White Paper on Renewable Energy

Image
The electricity act protects Eskom. Before 1994. And after 1994. Yet, the Electricity White Paper of 1998 and the Renewable Energy White Paper of 2003 (the subject of this video) show that this was meant to change by 2010, where 30% of electricity production was meant to be in private hands by 2010. Note that I believe that if this had happened, Eskom would be twice the size (in electricity production) that it is now, that it would be closer to 90% efficiency, rather than 60% efficiency, and we would have a vibrant, energetic, economy. Someone, somewhere needs to force our government to change the electricity laws to fit in with the White Papers. White Papers are Government Strategy Documents. I cannot do it. I can help and support the process. I can guide it. I can help these facts to emerge. What is the next step?
Read more

Junk Status Looms?

Is it possible that this is happening, because investors have started disinvesting from South Africa? https://www.businessinsider.co.za/jse-declines-so-far-this-year-2019-5
Read more

A storyboard for a video

Image
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...
Read more