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SA downgraded

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Rams
Super Contributor
and the market goes up!
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5 REPLIES 5
kawcha
Contributor
I would say ZAR weakness
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SimonPB
Valued Contributor
Moody just moved us into line with fitch with SP a notch lower .. in other words they far behind the curve
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Rams
Super Contributor
This is interesting .....we not in sync with the world
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koos2
Super Contributor
Does "SA downgraded" mean government debt or business climate or stock market or or what? Or do they grade the matrics/leaders of next year on current performance? What are the paramaters they grade on?
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Hibiscus
Regular Contributor
The ability of state to repay debt. For criteria it is best you read the report
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