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
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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