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Economy
Fitch affirms Uganda B+ rating
Ratings supported by favourable medium-term growth prospects and macroeconomic stability, but constrained by weak governance and budget and current account deficits
March 4, 2024
Companies
Nigeria’s Agusto affirms Shelter Afrique ratings, stable outlook
Nigerian rating agency affirms A (Kenya) and A+ (Nigeria) ratings to Nairobi-based Shelter Afrique Development Bank, which focuses on supporting housing and urban growth across the continent
November 7, 2023
Economy
Fitch holds Uganda’s credit rating at B+, expects little impact from anti-gay law fallout
Ratings company says impact of the anti-homosexuality law on government budget is manageable
September 11, 2023
Politics & Policy
Moody’s acquisition of a leading African rating agency could be bad news for African countries
Moody’s entrance into the domestic ratings market ushers in the challenge of negative analyst biases against African countries
February 14, 2022
Opinion
Rating agency regulations: Why legislation won’t fix flaws
The three dominant international credit rating agencies have been accused of many faults; the faults originate from their ‘issuer-pay’ business model in which the institution being rated pays for the rating, which is used by investors
June 23, 2019
Economy
Politics & Policy
Fitch Ratings maintains Uganda’s B+ rating
The third major credit rating agency, Fitch Ratings, has maintained its assessment of Uganda's capacity and willingness to honour its debt obligations, a decision it said was supported by the country's strong growth outlook and relative macroeconomic stability
July 30, 2018
Economy
Politics & Policy
Moody’s maintains Uganda’s credit rating
Moody’s Investors Service maintained its appraisal of Uganda's debt, citing its favourable medium-term economic prospects supported by an increase in infrastructure investment
March 26, 2018
Economy
Standard & Poor’s maintains Uganda’s credit ratings
The rating's agency cited Uganda's solid growth prospects on the back of high spending on infrastructure projects in its decision
June 17, 2017
Politics & Policy
What a downgrade means for South Africa and what it can do about it
Rating agency Standard & Poor’s (S&P) has cut South Africa’s foreign currency rating to sub-investment grade status. Two other global ratings agencies, Fitch and Moody’s, may well follow suit.
April 4, 2017
Economy
Politics & Policy
Why credit ratings matter and why they can’t be ignored
Credit ratings are an independent and objective assessment of the creditworthiness of countries and companies and therefore a guide for investors
November 24, 2016
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