#Budget2019: Moody’s likely to downgrade SA if govt takes on Eskom debt - PwC

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Budget2019: Moody’s likely to downgrade SA if govt takes on Eskom debt - PwC | Fin24

 

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Fin24 Every negative thing in this country in recent times, falls squarely on the corrupt, incompetent ANC.

Fin24 Good

Fin24 Are you talking about the same Moody's that issues fake credit ratings, that Moody's? If it could happen, I bet Capitec could give SA a more accurate credit rating than those crooks.

Fin24 Watch the Rand to other currencies, interest rates. The cost of State Capture isn’t only the money stolen, it’s now everything associated with poor South African economy...& we are worried about elections. If they cared cancel the elections and save South Africa firstly...

Fin24 The government take on debt? I think you mean the South Africa Taxpayers will. The government doesnt do fuckall!!

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Moody's reacts to Eskom splitRatings agency Moody's warns splitting Eskom into three entities does little to address the debt-laden power utility's financial challenges. Rating agencies and investors are on the same whatsap group,it's funny because their mascot has already partially privatized power utility now they are not satisfied.They want it all,lock stock and barrel,I give up.Seems like someone is in trouble. Too much interference from the rating agency. Who's paying them to bully our institutions like this? Why Eskom doesn't introduce a new payment system, a certain fixed amount pay as you earn plan for the poor communities. It's better to have money coming in every month than nothing at all. The Eskom management is lazy to think I don't know where the come from 'nathi siye'
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