Change of Power Nears in South Africa

The video discusses the political transition in South Africa, focusing on the leadership change within the ANC, with Cyril Ramaphosa elected as the new leader. Talks are underway regarding President Jacob Zuma's future, with a decision expected soon. The transition has caused some disruptions, including the postponement of a parliamentary address. Despite uncertainties, the South African currency has performed well, though slight weakening has been observed. Moody's upcoming credit rating review is critical, as it may be influenced by the current political climate.

What factors are contributing to the uncertainty surrounding the budget delivery?

What is Moody's role in the context of the South African political and economic situation described?