Fitch Rating Stories

Delayed government payments fueling bank loan defaults in Kenya, Fitch warns
Lucy Mumbi  |  Nov 17, 2025

According to the agency, the banking industry’s impaired loan ratio, which stood at 17.6 per cent in June, is unlikely to ease until public-sector arr...

AU slams Fitch over Afreximbank downgrade, calls rating flawed and legally inaccurate
Alfred Onyango  |  Jun 07, 2025

The African Peer Review Mechanism (APRM) on Friday described the downgrade as analytically flawed and inconsistent with the legal frameworks that gove...

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