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
Bravo BDF for the first step addressing GBV

The statement, whilst some may say, comes a little bit too late, is timely as gender-based violence (GBV) continues to haunt the country. A week hardly passes without reports of a wife, a girlfriend or boyfriend being killed by their intimate partners. Just recently, a high-ranking officer stationed at Glen Valley Barracks reportedly murdered his wife and has so far managed to evade arrest. It is also alleged that another soldier murdered his...

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