Our internal quibbles still send the wrong signal,Business Report (Cape Times),21 Sep 2016,Sechaba Ka’n Kosi
Our internal quibbles still send the wrong signal,Business Report (Cape Times),21 Sep 2016,Sechaba Ka'n Kosi
The agency, which is expected to make its decision public in November, said yesterday that the probability of a credit rating downgrade for the country had lessened to below 50 percent. It said only the mooted arrest of Finance Minister Pravin Gordhan would threaten the country's economic policy Moody's is by far the most dovish of the rating agencies that continue to circle our lives like vultures. Its rating system is more measured, rational and takes into cognisance all fiscal realities and developments on the domestic growth front before pronouncing on its assessment. With the recently rampant rand and buoyant stocks in the market, this should indeed be good news for all of us who call this part of Africa home. It should also be a welcome distraction to the millions of the black and gold fans, who continue to fill Soccer City in a twisted belief that the wordy Steve Komphela could one day decorate their jersey with the coveted continental star while cursing him afterwards
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