What exactly does "Junk Status" mean?
Updated | By Kriya Gangiah
"In our opinion, the executive changes initiated by President [Jacob] Zuma have put at risk fiscal and growth outcomes"

Ratings agency Standard & Poor's (S&P) has downgraded the country's sovereign credit rating to junk status, citing political uncertainty as the main reason.
S&P lowered its long-term foreign currency sovereign credit rating on the Republic of South Africa to 'BB+' from 'BBB-' and the long-term local currency rating to 'BBB-' from 'BBB'.
ALSO READ: S&P downgrades South Africa to junk status
But what exactly does that mean for us?
Martin Bester talked to economist Dawie Roodt on the impact of junk status for South Africa.
Show's Stories
-
Scientists reveal the 'perfect' male body type for women
Ever wondered what the perfect male body type might look like? Scientist...
Breakfast with Martin Bester 5 minutes ago -
Model Marciel Hopkins wys haar eersteling
Die voormalige 'Boer Soek 'n Vrou'-aanbieder en haar aantreklike man, Ha...
The Drive with Rob & Roz 2 days, 14 hours ago