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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.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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