In this video by ‘Loving Life’ we see that the the common consensus is that Moody’s will downgrade the Rand to ‘junk status’ in March 2020. The video shares information that sums up the dire situation in South Africa. The government is spending much more than the are collecting, with a short fall of R25 billion per month! The unemployment figures are staggering and the government’s debt is climbing at an uncontrollable rate.
The tax and vat hikes are now inevitable. Can the ANC just carry on with their looting and destruction? Clearly the country under ANC rule just cannot continue.
South Africa Today – South Africa Media