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moody’s ratings

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Business / Economics

6 June 2024 Morning Biz News: Economic Resilience and Global Trends: A Snapshot of African Markets

  In a dynamic landscape marked by shifting global tides and regional developments, the economic pulse of African nations remains resilient, showcasing both challenges and opportunities on the horizon. Recent updates from key players in the continent’s financial sphere shed light on noteworthy shifts and trends that impact markets and investor sentiments. 1. Namibia's Fiscal Fortitude: Moody's Ratings' decision to upgrade Namibia's sovereign credit rating outlook from stable to positive […]

todayJune 6, 2024 10

South Africa

City of Tshwane in South Africa’s Moody’s Outlook Shifts from Negative to Stable

The City of Tshwane in South Africa has greeted an improved outlook from Moody's Ratings, transitioning from negative to stable. This positive shift comes after a notice last month indicating the city's rating was under review for a potential downgrade. The development is expected to assist the municipality in stabilizing its finances and accessing capital funding for infrastructure projects. Jacqui Uys, Mayoral committee member for Finance, attributes this positive change […]

todayApril 12, 2024 12