In a statement released on Wednesday, the party said Moody's decision to keep its investment rating for the country above sub-investment grade showed confidence in the government's"efforts to set our economy on a sustained growth trajectory".
"The ANC government is implementing a range of measures to set the country on a new path of growth, employment and transformation. The ANC has also taken decisive steps which are aimed at rebuilding investor confidence," said the party.
Is it just a stay of execution ?
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Moody's to announce SA's credit rating - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Moody's Investor Services is expected to announce South Africa's credit rating on Friday evening. Lets hope this Moody is in a good mood.
Source: SABC News Online - 🏆 32. / 51 Read more »