Moody's gives Botswana sparkling scorecard

Rumbling on: More stable power from Morupule B has helped the economy PIC: MBONGENI MGUNI
Rumbling on: More stable power from Morupule B has helped the economy PIC: MBONGENI MGUNI

Leading credit ratings agency, Moody’s says the country has taken a path to fiscal consolidation and with its low debt levels and strong buffers, has a stable outlook.

Moody’s affirmed the country’s sovereign credit ratings at A2, according to a statement released last week after a biannual review conducted recently. The A2 rating is the highest in Africa, meaning Botswana is the continent’s best borrower and technically one of the best countries to raise international capital from.

According to Moody’s, while there were several areas of concern, the local economy’s outlook continued to support the continent’s highest credit rating.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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