SA�s credit downgrade seen affecting Botswana

Jefferis PIC: BOINGOTLO SEITSHIRO
Jefferis PIC: BOINGOTLO SEITSHIRO

The recent downgrading of South Africa’s sovereign credit rating by Standard & Poor’s (S&P) Global is likely to have ripple effects on Botswana, according to experts.

The rating agency this week downgraded SA to BB+, otherwise known as junk status, from BBB-, citing the latest changes to that country’s cabinet as a contributing factor.

According to experts, this credit rating places the rating below investment grade.

Editor's Comment
The Boko-led administration has to tread carefully

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