South Africa credit rating to 'junk' status

It has finally happened.... I mean who would borrow any money to a country run by the 

Chimp ANCee

https://www.iol.co.za/business-report/economy/moodys-downgrades-south-africa-to-junk-status-45700334

http://www.oldmutualfinance.co.za/blog/news/what-junk-status-will-mean-for-ordinary-south-africans

Sad to see, but there will be others.....things are bad.

Amazed that it took so look to be rated as such.

Sadly, more particularly in Africa to follow I believe.