StanChart sees higher risk of ratings downgrade

Friday, June 05, 2026 | 20 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

Minister Maele addresses GIPS Management. PIC KING OLERILE

Private colleges poised to drive Botswana’s TVET revolution

Johannes Kambai | 1 h ago

Knives out for Netball vice president

Calistus Kolantsho | 05 Jun 2026

Match-fixing concerns rock netball

Calistus Kolantsho | 05 Jun 2026

Fiscal stress forces FMD ‘crowdfunding’

Mbongeni Mguni,Innocent Selatlhwa | 05 Jun 2026

Police crack Zone 11 crossborder stocktheft syndicate

Innocent Selatlhwa | 05 Jun 2026

BPF factions seek common ground

Tsaone Basimanebotlhe | 05 Jun 2026

Palapye council leadership battle deepens

Tsaone Basimanebotlhe | 05 Jun 2026

AP launches drive to boost visibility

Tsaone Basimanebotlhe | 05 Jun 2026

Govt must crack whip on Cross border crime

“Betrayal hurts, but knowingwho was betraying hurts even more.”- Garima SoniWhat the men of Ditlharapa, Molete and neighbouring villages uncovered is a cross-border enterprise. The modus operandi, as the suspect himself reportedly confessed, is industrial: groups operating in multiple villages, fences cut with impunity, stolen goats walked into South Africa, warehoused at Makhubung, then sold in batches of 200 to a commercial farmer in...

Mmegi Editor | 05 June 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.

StanChart sees higher risk of ratings downgrade

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.

Explore

More

Private colleges poised to drive Botswana’s TVET revolution

Knives out for Netball vice president

Match-fixing concerns rock netball

Fiscal stress forces FMD ‘crowdfunding’

Police crack Zone 11 crossborder stocktheft syndicate

BPF factions seek common ground

Palapye council leadership battle deepens

AP launches drive to boost visibility

Govt must crack whip on Cross border crime