Johannesburg - Ratings firm Moody's said
on Wednesday it was placing South Africa's state power firm
Eskom's credit rating on review for a downgrade.
It cited the risk
of the country's institutional, economic and fiscal strength
deteriorating after President Jacob Zuma dismissed a respected
finance minister last week.
On Monday, S&P cut South Africa's credit level to junk
status over growing concerns of political and policy instability
following Zuma's midnight cabinet reshuffle last Thursday.