Moodys has given South Africa till Feb 2020 to get it's act together before taking another decision to downgrade us to junk. South Africa as of Nov 1 2019 has been downgraded to negative and as seeing how corrupt the ANC government is, i doubt they will be able to make any change come Feb next year. Eskom(state owned asset) owes 500 billion and SA(another state owned asset) owes 20 billion and those debts aren't going away any time soon.

Would like to know from experience traders what their views on the Rand, and what's probably going to happen.