LONG READ: Profit Up 29%, Rating Down to Junk: The Afreximbank Paradox
On January 29, 2026, Fitch Ratings delivered its final verdict on the African Export Import Bank: ...
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Tag: Moody’s
The Econet Dependency: How Cassava’s Creditors Lost Access to the Only Cash That Matters
In November 2025, Moody’s downgraded Cassava Technologies to Caa2 and buried a sentence in the credit ...
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Absa Group Raises $150 Million as Investor Confidence Returns
Absa Group Limited, South Africa’s third largest bank by revenue, has successfully raised 150 million dollars ...
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Moody’s Affirms Botswana’s Credit Rating While Downgrading Outlook
Moody’s Investors Service has affirmed Botswana’s sovereign credit rating but revised its outlook on the country ...
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Kenya Pursues Fiscal Consolidation to Reclaim Investment-Grade Status
The East African nation seeks to bolster exports and expand foreign reserves in a bid to ...
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The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.
