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Namibia: Moody's Downgrades Namibia's Credit Rating to Junk
Namibian, 12 August 2017
MOODY's Investors Service yesterday downgraded Namibia's long-term senior unsecured bond and issuer rating to junk status, while maintaining its negative outlook for the country's… Read more »
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Namibia: Govt, Rating Agency At Loggerheads Over Downgrade
New Era, 14 August 2017
Moody's Rating Agency has downgraded Namibia's credit rating, saying the country's financial standing suggests it would be unable to raise enough funds to pay its debts in coming… Read more »
Moody's Downgrades Namibia
Moody's assessment comes despite government's recent assurances that the country's economy had stabilised and is on the road to recovery. The agency said the country appears unable to honour its debts and seems to be struggling to raise sufficient revenue to fund government expenditures.
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Namibia: Rating Downgrade 'Speculative' - Geingob
New Era, 14 August 2017
President Hage Geingob has hit back at the ratings agency, Moody's, for its latest downgrade of Namibia's unsecured bonds to junk status, saying the agency's premise for its latest… Read more »
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Namibia: Moody's Downgrades Namibia's Rating to Ba1, Maintains Negative Outlook
Namibia Economist, 12 August 2017
Statement issued by the Minister of Finance, Mr Carl-Heinz Schlettwein: Read more »
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Namibia: Geingob, Schlettwein Cry Foul Over Downgrade
Namibian, 14 August 2017
President Hage Geingob said Moody's Investor Services should not have based its latest rating on the forthcoming Swapo Party elective congress and the national elections scheduled… Read more »
