SA credit ratings decline
Вставка
- Опубліковано 8 вер 2024
- Thirty years into democracy and the country's credit rating status has diminished to sub-investment, or what some call junk status, grade.
It's not always been like this, as the country once enjoyed investment grade status.
Meaning that there was a greater appetite for foreign and local investors to invest in the country.
So, what went wrong and how can the country get back to investment grade status.
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In the last Local Government Elections less than 50% of the ELECTORATE voted. Yet the IEC declared it Free & Fair.
It certainly was FREE but definitely it was not FAIR.
A democracy is when the 50%+1 ie. the majority decided.
angeke kube yisizwe sothingo lwenkosazana kungaba yisizwe esinsundu kuphela, abelungu abanawo umhlaba kumele babuyele lapho bephuma khona, akusoze kwaba nokuthula nabelungu, never you must respect anc.