StanChart sees higher risk of ratings downgrade

Friday, June 05, 2026 | 100 Views |

Under pressure: Technocrats at the Finance Ministry are scrambling to avoid a ratings downgrade this September

Standard Chartered (StanChart) is seeing an elevated risk of a further sovereign credit rating downgrade for the country when the agencies announce their opinions this September, due to higher fiscal risks and delays to much-needed reforms.

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.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

stanchart

Palai’s motion never reached the debate stage
PIC: MORERI SEJAKGOMO

Open vote sinks Palai’s motion

Tsaone Basimanebotlhe | 1d ago

Crowd to crown street dance ruler

Kabelo Boranabi | 1d ago

Maine explores recovery, change in solo exhibition

Goitsemodimo Kaelo | 1d ago

Home-built hero ‘P7’ steals Desert Race spotlight

Kabelo Boranabi | 1d ago

Mahlaya fills Masaseng’s ‘big boots’ at FUB

Boitumelo Khutsafalo | 1d ago

Showdown looms as BFL meets

Mqondisi Dube | 1d ago

OLEA Botswana officially launches

Mbongeni Mguni | 2d ago

4 Reasons to Fall in Love with Novelas+

correspondent | 06 Jul 2026

Appeal to public transport operators to exercise caution

Those who occasionally use highways like the A1 and A3 roads will bear testimony to have experienced this firsthand as they have been overtaken by overspeeding buses. Sadly, some of the passengers are the ones who urge some bus drivers to overspeed.The result of this madness is the horrific accident that claimed lives of nine people on Sunday evening near Lechana settlement along the A1 Highway.It is reported that the incident occurred after the...

The Monitor Editor | 07 July 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.