Moody’s maintains BPC rating despite gov't downgrade

Friday, October 24, 2025 | 350 Views |

Regular irritant: Morupule B has faced breakdowns since its commissioning in 2012

National power utility, Botswana Power Corporation (BPC), has narrowly held onto its investment-grade status after Moody’s Ratings affirmed its Baa3 credit rating, the lowest rank before 'junk' status.

BPC's credit rating withstood the sovereign downgrade on Botswana’s sovereign rating that was dropped over the weekend due to the country’s weakening fiscal position.

The outlook for BPC, however, remained negative with pressing worries over technical inefficiencies that continued to constrain power production at Morupule B. The 600MW plant has suffered frequent breakdowns since commissioning in 2012, due to design flaws and other weaknesses.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

electricity

Botswana- U.S health milestone celebrated

Johannes Kambai | 1d ago

Makgekgenene dismisses forced exit claims

Spira Tlhankane,Tsaone Basimanebotlhe | 1d ago

The night the dead tree sang again

Spira Tlhankane | 1d ago

GU reveal Tanzania ordeal: Coach punched, players attacked

Kabelo Boranabi | 1d ago

Botswana’s athletes enter the big-money era

Mqondisi Dube | 1d ago

Dinaledi chase World Cup qualification

Calistus Kolantsho | 1d ago

Gunners look to break hoodoo against Rollers

Boitumelo Khutsafalo | 1d ago

New Era bets on employability in new strategy

Larona Makhaiza | 2d ago

The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

Mmegi Editor | 11 September 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.