StanChart sees higher risk of ratings downgrade
Friday, June 05, 2026 | 110 Views |
Under pressure: Technocrats at the Finance Ministry are scrambling to avoid a ratings downgrade this September
S&P is due to unveil a ratings decision on the country in September, following a historic downgrade in March, which landed Botswana just one notch above junk status. Junk status is the level at which sovereign debt is considered speculative by international investors, meaning funders place more doubt on the country’s ability to repay and thus apply higher premiums on any debt disbursed.
Moody’s traditionally announces its decisions in October.
“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...