Davies hopes Moody's will cut SA some slack with credit rating

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Trade and Industry Minister Rob Davies says that he hopes that Moody's will recognise government's efforts to rebuild the economy.

CAPE TOWN - Government is on tenterhooks as it awaits a decision from ratings agency Moody's on Friday.

The rand has been volatile against the international currencies as government awaits a decision that could sway the country's financial future."I hope that Moody's will see the improvements that are underway and we will need to have an impact in the medium term and will cut us some slack."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Based on what? Keeping the lights on for the week Moody’s visits at a cost of R100m per day for diesel? Yeah good luck with that.

Headline contains 'Moody's will cut SA' while trying to say something completely opposite. There are so many words in the English language to choose from and you use 'cut'. fail

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 30. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

RATING ESKOM: ‘Let’s hope Moody’s cuts us some slack’ — DaviesAddressing the Cape Town Press Club on Tuesday, Department of Trade and Industry Minister Rob Davies was forthright about the damage which Eskom is inflicting on the South African economy. With a rating review from Moody’s imminent, Davies is hoping for mercy. fuck moody Does the ANC deserve more 'slack'?
Source: dailymaverick - 🏆 3. / 84 Read more »

State capture impeded DTI’s efforts to re-industrialise economy, says Rob DaviesThe minister says the election of President Cyril Ramaphosa provides hope and the investment climate has improved, but Eskom is a serious risk Imagine my surprise at Red Rob wheeling out the big one out as his excuse for having achieved sweet F ALL 🙄 He's been saving this one for the elections all that time 🤣 Red Rob looks very angry
Source: BDliveSA - 🏆 12. / 63 Read more »

SA business people confident to explore trade and investment opportunities in GhanaTrade and Industry Minister Rob Davies says the mission is part of South Africa's economic strategy for Africa.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

RATING ESKOM: ‘Let’s hope Moody’s cuts us some slack’ — DaviesAddressing the Cape Town Press Club on Tuesday, Department of Trade and Industry Minister Rob Davies was forthright about the damage which Eskom is inflicting on the South African economy. With a rating review from Moody’s imminent, Davies is hoping for mercy. fuck moody Does the ANC deserve more 'slack'?
Source: dailymaverick - 🏆 3. / 84 Read more »

Business: Economists Split on South Africa Avoiding Moody’s Negative CutSouth Africa may just be able to cling onto the stable outlook of its sole investment-grade rating this week, helping it stay clear of a forced selloff of billions of rand of its debt.
Source: dailymaverick - 🏆 3. / 84 Read more »