Moody’s Upgrades Kenya’s Sovereign Credit Rating to B3
Moody’s Investors Service has revised Kenya’s long-term foreign currency sovereign credit rating to B3 from Caa1, ...
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Tag: sovereign debt
Ghana Completes Additional 709 Million USD Payment to Eurobond Holders
The Government of Ghana has announced the completion of an additional payment of 709 million United ...
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Zambia’s 2053 Bond Eases as IMF Report Raises Concerns over Economic Benchmarks
Zambia’s 2053 dollar-denominated sovereign bond declined by more than 1.5 cents on Friday, trading at 70.5 ...
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Zambia’s Credit Rating Upgraded to B-minus Following Debt Restructuring Milestone
Zambia’s sovereign credit standing has received a notable improvement from Fitch Ratings, with the international agency ...
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African Bank Executive Says Global Debt Markets Impose Unfair Costs on African Nations
At the Bloomberg Africa Business Summit in Johannesburg, senior executives from Africa’s largest banks issued a ...
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African Union Chair Calls for Reform of Global Debt Mechanisms at AU–EU Summit
At the AU EU Summit convened in Luanda, Angolan President Joao Lourenço, the current Chair of ...
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Namibia Shifts Focus to Domestic Capital Markets Following $750 Million Eurobond Redemption
Namibia has opted to recalibrate its sovereign financing strategy, favouring domestic capital mobilisation over international borrowing, ...
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Zambia Sets Ambitious 2026 Fiscal Target
Zambia has announced plans to narrow its fiscal deficit to no more than 2.1% of gross ...
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Angola Recovers $200 Million Collateral from JPMorgan Following Eurobond Price Recovery
Angola has recouped $200 million in collateral previously posted to JPMorgan Chase, following a recovery in ...
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World Bank Urges Zimbabwe to Engage G-20 in Resolving Protracted Debt Crisis
Zimbabwe’s prospects for resolving its long-standing debt default could hinge upon its willingness to formally engage ...
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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.