The new rating comes with a stable outlook, indicating growing confidence in Kenya’s ability to meet its debt obligations amid better access to intern...
Moody’s however warns that heavy reliance on domestic financing will keep debt affordability weak on rising rates despite improved domestic market con...
Opening the rating committee to public view signals a shift in financial power, aiming not just for fairer ratings but for a more just model of global...
The government says borrowing has been used to drive economic growth, which has been faster than many of its African peers since the COVID-19 pandemic...
The firm reduced the county's rating one level down from B3 to Caa1, reflecting a significantly diminished capacity to implement revenue-based fiscal...
Stay ahead of the news! Click ‘Yes, Thanks’ to receive breaking stories and exclusive updates directly to your device. Be the first to know what’s happening.