4 Mins Read MARKETS Kenya Faces Mounting Debt Crisis as Credit Ratings Plummet2024-08-24By David Indeje Kenya’s fiscal landscape has deteriorated significantly, with global credit ratings agency S&P downgrading the country’s sovereign credit rating to “B-“…
2 Mins Read MARKETS Moody’s Downgrades Kenya’s Rating to B3 From B22023-05-12By David Indeje Global rating agency Moody’s cut Kenya’s senior unsecured debt rating as well as long-term foreign-currency and local-currency issuer ratings to…
2 Mins Read BANKING & FINANCE Upward Rating for Equity, KCB and Co-op is Limited: Moody’s 2020-12-10By David Indeje Moody’s Investors Service says an upward rating pressure on the Kenyan banks’ ratings is limited given the negative outlook. The…