Every time South Africa receives a change in sovereign ratings from one of the credit ratings agencies, it seems to send markets and investors alike into a little bit of a frenzy.

What is the status of South Africas rating by the major rating agencies i.e., S&P, Moddys, Fitch, what are factors contributed to that score. Finally, you are credit analyst for Bond asset manager, advise on what need to be done to improve the rating status.