SA�s credit downgrade seen affecting Botswana

Friday, April 07, 2017

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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SA�s credit downgrade seen affecting Botswana

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.