S&P Global, which downgraded SA to junk status, warns ANC government that it will not be easy to restore land

Pull the generator closer and get those candles ready, Eskom #rollingblackouts will be with us shortly

SA has a national debt of R3 trillion rand and tax deficit of R53 million

What could happen to the rand if Moody’s downgrades South Africa to sub-investment grade

SA’s fiscal position – Great possibility that economy will be downgraded to junk status

The Rand remains on a rollercoaster of volatility -the currency continued to weaken due to the heightened global growth risks after talk of financial bailout for Eskom

Foreigners are dumping SA bonds at a rate of almost R2 billion ($132 million) a day as junk status looms

Fitch Grade has just downgraded SA’s debt to negative and it seems Standard & Poor are short on their heels