Lack of diversification constrains Botswana ratings

Tuesday, May 20, 2014

International ratings agency, Standard & Poor’s (S & P) has blamed the lack of progress in diversification of Botswana’s economy for constraining the country’s economic and credit ratings.

Last week, S&P released the results of the first of the two annual reviews of Botswana’s sovereign credit rating for 2014, and affirmed the ‘A-’and ‘A-2’ for the long-term and short-term ratings, respectively.

The ‘stable’ economic outlook has also been retained. However, S&P say that the ratings are constrained by the country’s narrow economic base, despite efforts towards diversification.

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Lack of diversification constrains Botswana ratings

International ratings agency, Standard & Poor’s (S & P) has blamed the lack of progress in diversification of Botswana’s economy for constraining the country’s economic and credit ratings.

Athletics likely to go solo at Olympics

Amidst BFA fights, Sebego raises hand for presidency

Chiefs puzzled by docking of points

Fitness trainer, Zongwane breaks barriers

Khawa dangles largest payout

Ex-badminton official maintains innocence

Kwa Nokeng Oil sponsors young biker with P120,000

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Routine child vaccination imperative