US EditionSouth Africa Gets a Credit Rating Upgrade – Windhoek Observer
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3 Articles
According to the agency, the action reflects concerns about BRB's risk management, particularly in light of the investigation into its recent acquisitions of Master's loan portfolio.
South Africa gets a credit rating upgrade – Windhoek Observer
Chamwe Kaira S&P Global Ratings has upgraded South Africa’s long-term sovereign ratings, raising the country from ‘BB-’ to ‘BB’ for foreign currency and from ‘BB’ to ‘BB+’ for local currency. The outlook is positive, the South African National Treasury said. South Africa is one of Namibia’s biggest trading partners. In September, it was Namibia’s largest export destination with a share of 17.8%. Botswana followed with 14%. Zambia, China, and t…
South Africa eyes maiden ratings upgrade in nearly two decades
Moody's removed South Africa's last investment-grade status in March 2020 South Africa may end up securing its first credit rating upgrade in nearly two decades in November 2025 when S&P Global delivers its latest sovereign rating decision.
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