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Moody’s changes Namibia’s rating from stable to negative

Nigeria’s GDP data and MPC announcement is expected later this week and Moody’s has changed the outlook on Namibia’s sovereign rating to negative from stable as it sites economic and financial pressure on Namibia amid the Covid-19 crisis. Ridle Markus, Africa Strategist at Absa Corporate and Investment Banking joins CNBC Africa for more.


Mon May 25 2020 | 10:42:35 GMT+0000 (Coordinated Universal Time)

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