Fiscal authorities brace for credit ratings’ decisions
Friday, September 11, 2026 | 70 Views |
Decision time: The Finance Ministry recently met with the credit ratings agencies PIC: MORERI SEJAKGOMO
The two ratings agencies conduct assessments on the country’s sovereign debt in March and September each year. The assessments earlier this year resulted in S&P’s lowering the country’s sovereign credit ratings, whilst Moody's downgraded the country last year. Botswana, however, remains in the investment category, being an outlier in Africa.
BusinessWeek has established that top Finance ministry officials met with S&P researchers at least three weeks ago, while a meeting with Moody’s was scheduled for last week.
As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...