By Wavinya Makai The African Union’s support for the Africa Credit Rating Agency (AfCRA) is one of the most consequential developments in Africa’s financial history, even...
Rating agency Standard & Poor’s (S&P) has downgraded Bermuda’s ratings based on weak economic performance and weak public finances. S&P downgraded Bermuda’s long-term issuer credit and...
The ratings agency, Standard & Poor’s (S&P) has revised downwards the long-term rating for Barbados – the second downgrade in four months. Late Wednesday, the credit...
Standard & Poor’s (S&P) has raised Jamaica’s foreign and local currency sovereign credit ratings to “CCC+” and out of default. The move comes after the completion...
Grenada Prime Minister Tillman Thomas Standard & Poor’s (S & P) has lowered its foreign currency sovereign credit ratings on Grenada following a missed bond payment,...
Standard & Poor’s (S&P) this week raised the short-term sovereign credit rating on Jamaica to “B” from “C.” The ratings firm also affirmed its “B-” long-term...
