On Friday ratings agency Fitch downgraded South Africa further into junk status saying government didn’t have a clear plan to stabilise rising debt levels. However, institutions like the IMF say African countries should be allowed to increase debt to GDP ratio’s to contain the economic fallout from Covid19. Should ratings agencies therefore revise their methodology to adapt to Covid19 times? Jan Friederich, Head of Middle East and Africa Sovereign ratings at Fitch joins CNBC Africa for more.
Acknowledged as the world’s largest Africa-focused digital infrastructure and emerging tech event, the Africa Tech Festival has always attracted a stellar line-up of critical thinkers, analysts, futurists, keynote and inspirational speakers. 2020 will more than deliver on that reputation, with a stimulating array of visionary industry presenters, raconteurs and even some sporting greats.
By Olga Arara-Kimani, Regional Head, Corporate Affairs and Brand & Marketing Introduction Mobilising support for female...
The theme for October Transport Month 2020 is Smart Mobility. Smart Mobility is an innovative way of getting around. it is the...
Sign up for free newsletters and get more CNBC AFRICA delivered to your inbox