• Real Estate and Property in Namibia for Sale and Rent

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Namibia Downgraded to BB by Fitch Rankings amid Stable Outlook

Ratings published by Fitch downgraded Namibia in the Long Term Foreign Currency Issuer Default Rating (IDR) from BB+ to BB, which explains the outlook’s stability. Key Drivers Of The Ratings As a consequence of declining growth rate and fiscal measurements, these metrics have reflected Namibian ratings’ downgrading. With the decline in the macroeconomic environment, Fitch […]