Botswana’s Credit Rating Is Cut by S&P on Diamond Industry Woes
S&P Global Ratings cut Botswana’s credit score late Friday, maintaining its investment grade but citing risks to fiscal stability amid diamond industry woes. The ratings company maintained a negative outlook.
By Mbongeni Mguni · Bloomberg Markets
S&P Global Ratings cut Botswana’s credit score late Friday, maintaining its investment grade but citing risks to fiscal stability amid diamond industry woes. The ratings company maintained a negative outlook.