S&P downgrades Botswana as global diamond market shifts
S&P Global Ratings has downgraded Botswana’s long term sovereign credit rating to BBB minus from BBB, ...
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Tag: S&P Global Ratings
Fresh Economic Pressures Emerge for Botswana as Diamond Market Weakens
Botswana, Africa’s leading producer of natural diamonds, is confronting renewed economic pressures following a downgrade of ...
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S&P Awards Africa Finance Corporation Top-Tier ‘A’ Rating With Positive Outlook
S&P Global Ratings has assigned Africa Finance Corporation (AFC) long-term and short-term issuer credit ratings of ...
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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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Zambia’s Credit Rating Upgrade Marks Progress in Economic Recovery Efforts
Zambia has received an upgrade in its sovereign credit rating from S&P Global Ratings, formally exiting ...
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Mozambique’s Domestic Debt Switch Triggers Selective Default Rating from S&P
S&P Global Ratings has downgraded Mozambique’s local currency sovereign credit rating to ‘Selective Default’ (SD) following ...
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S&P Global Warns of Increased Sovereign Defaults Amidst Rising Debt and Borrowing Costs
Sovereign nations are expected to default on their foreign currency debt more frequently in the coming ...
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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.
