Allgemeine Zeitung
Standard Bank's CEO Sim Tshabalala says ratings agencies do not favourably rate African countries.Photo: Reuters Standard Bank's CEO Sim Tshabalala says ratings agencies do not favourably rate African countries.Photo: Reuters
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'Preposterous': Tshabalala says credit rating bias costs Africa billions

October 30, 2024
African countries face higher costs of financing because of inflated risk perceptions from credit-ratings companies, the head of the continent's biggest bank said.A United Nations Development Programme study last year showed that subjective...
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