SA�s credit downgrade seen affecting Botswana
Friday, April 07, 2017
Jefferis PIC: BOINGOTLO SEITSHIRO
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.
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...