Namibia’s Rating Stable Amid High Debt – News Stand
3 Articles
3 Articles
ECA Calls for Credit Rating Reform to Support Africa’s Access to Capital – Ethiopian Monitor
The UN Economic Commission for Africa (ECA) has called for urgent reforms to sovereign credit rating practices that continue to undermine African countries’ access to affordable capital, despite clear signs of macroeconomic resilience and structural reform across the continent. Outdated and inconsistent rating methodologies were contributing to disproportionately high borrowing costs for African nations, said Zuzana Schwidrowski, Director of ECA…
Namibia’s rating stable amid high debt – News Stand
Niël Terblanché Fitch Ratings has affirmed Namibia’s long-term foreign currency issuer default rating, maintaining a stable outlook. Fitch also recognised Namibia’s BB country ceiling, one notch above the sovereign rating. The international rating agency pointed out the country’s relatively strong institutional framework and governance standards but cautioned that high public debt, fiscal deficits, and declining revenues present challenges to lon
ECA urges credit rating reform to support Africa’s access to affordable capital | United Nations Economic Commission for Africa
Language English Cape Town, 21 May 2025 (ECA) - The United Nations Economic Commission for Africa (ECA) has called for urgent reforms to sovereign credit rating practices that continue to undermine African countries’ access to affordable capital, despite clear signs of macroeconomic resilience and structural reform across the continent.Share this:facebooktwitteremailprint
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage