S&P said its outlook on South Africa is "stable", meaning credit metrics are not expected to change significantly over the next year.
Moody's opted to keep both the country's foreign- and local-currency ratings on Baa3, its lowest investment grade ranking, but put them on review for possible downgrade.
"The bottom line is that the ratings decisions of the two most important ratings agencies amount to a vote of no confidence in the new and mysterious "Presidential Fiscal Committee's" capacity to stabilise public finances over the medium term in South Africa", Maynier added.
Fitch already rates South African debt as "junk", and affirmed the rating on Thursday.
The agency said in its report that weak economic growth had led to deterioration in public finances beyond previous expectations.
That's the view of Ian Matthews‚ head of business development at Bravura‚ who was commenting on the downgrade to "junk" status of South Africa's sovereign rating on Friday by S&P Global Ratings.
S&P lowered the country's local-currency rating one step to BB+, one level below investment grade, and placed it on a stable outlook.
"A momentous political agenda has overshadowed policy making, despite the deteriorating economy and weakening public finances", it said.
Moody's said it would reassess SA's debt after the ANC elective conference in December, and the main budget in February next year.
National Treasury said in a statement on Thursday that it had "noted Fitch's decision not to further downgrade South Africa deeper into "junk status".
South African debt has already been dropped from one of the widely used global bond indexes, the JPMorgan Emerging Market Bond Index Global according to Matthews.
"However, despite this resilience, the downgrade is a blow for South Africa and it could and should have been avoided".
Local currency borrowing makes up about 90 percent of the South Africa's total 2.2 trillion rand ($159 billion) of debt.
Infighting within the ruling African National Congress ahead of a conference in December to elect a successor to President Jacob Zuma as party chief has also sapped investor confidence in Africa's most industrialised economy where growth has slowed to a near standstill in recent years.
S&P Global Ratings cut South Africa's local-currency debt score to junk on Friday, while Moody's Investors Service also threatened to slash its ranking, raising the risk of a selloff from global indexes.
Policy uncertainty, such as the introduction of the controversial new Mining Charter; the deterioration at major state owned entities; the fiscal slippage revealed in the October adjustments budget, and ongoing allegations of corruption all contributed to this environment he said.
Police said they responded to a "client-related incident", but did not give details of why armed units and fire trucks were sent. One shopper, Lucy W, wrote on twitter that there had been a "stampede" of people rushing to get out of the clothies store.
Adding to the fun, Legend made reference to the USA version of Jeremy Kyle, writing: "Maury will have the final word on this". Chrissy Teigen attends Target's Toycracker Premiere event at Spring Studios in New York City.
In fact, word is that Viacom 18 Motion Pictures also intends to invite the Prime Minister Narendra Modi to watch the film. The Deepika Padukone Shahid Kapoor starrer has been cleared for a scheduled release in the United Kingdom on December 1.
In recent days, TMZ have reported on Malia allegedly smoking and making out with a coed at the Harvard - Yale football game. A person resembling Obama, a 19-year-old in her freshman year at Harvard University, was filmed doing the smoke trick.
The Amtrak Downeaster offered special fares for trains that arrived in Freeport on Thursday night and early Friday morning. Black Friday showed profits of $3.34 billion and Cyber Monday earned $3.45 billion, all in just two days.
Rizvi, who leads the Tehreek-e-Labaik Ya Rasool Allah, is demanding the resignation of Pakistan's law minister, Zahid Hamid. There were protests reported from Karachi, Lahore, Faislabad, Peshawar and the Silakot-Wazirabad road in Punjab province.
Key Services: - CBSE: All CBSE Students can locate the exam centers and view their exam results using this application in UMANG. It incorporates the state, local bodies, central, and offices of government on application, SMS, online, and also IVR channels.
Facebook is trying to alert some U.S. users that they fell victim to Russian propaganda during the 2016 presidential election. As it is, users will have to see a story about the tool and opt to head to it and check what they had seen.
The Community Thanksgiving Dinner has a 27-year history in Jamestown and traces its beginning back to an event at Pantry Cafe. Opening the doors to two large freezers, Jewell said they've already got a jump start on their Christmas Eve Dinner.
Facebook will tell users if they followed Russian pages
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