The ANC had lost control of President Jacob Zuma, UDM leader Bantu Holomisa said on Monday after Zuma’s shock Cabinet reshuffle last week brought on SA’s credit rating downgraded to junk status. "President Zuma’s cabinet reshuffle has caused ‘radical economic transformation’ of a different kind with S&P Global announcement that SA’s sovereign credit rating has been downgraded to BB+. "We might as well use the term ‘junk status’ to describe our government," Holomisa said.
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